INDIA End of Huawei's 5G Journey in India? Reliance Jio Launch Made in India 5G solution July 15th, 2020 At Reliance 43rd AGM, Mukesh Ambani said Jio has designed and developed a complete 5G solution from scratch and it will be available next year.
FUNDING Google invests $4.5 billion for 7.7% stake in Jio platforms July 15th, 2020 Google is acquiring 7.7% of India's fastest-growing internet company Reliance jIo for $4.5 billion.
ACQUISITION Qualcomm acquires 0.15% stake in Jio for $97 million July 13th, 2020 India's leading telecom company Reliance Jio raises $97 million from wireless technology leader Qualcomm.
INDIA Reliance Industries becomes first Indian firm to hit $150 bn market cap June 22nd, 2020 Reliance Industries became the first Indian firm to hit a market valuation of $150 billion.
FUNDING TPG picks 0.93 pc stake in Jio Platforms for $600 Million June 13th, 2020 TPG will invest $600 million in Reliance Jio Platforms at an enterprise value of $65 billion.
ACQUISITION Silver Lake & Co acquire additional 0.9% Stake in Reliance Jio June 7th, 2020 Equity fund Silver Lake & Co invest additional $601.40 million Reliance Jio.
ACQUISITION Abu Dhabi based Mubadala acquire 1.85% stake in Reliance Jio June 5th, 2020 Reliance Jio raises $1.2 billion from Abu Dhabi state fund Mubadala Investment Co for 1.85% stake.
FUNDING Abu Dhabi state fund in talks to invest $1 bn in Jio Platforms: Report May 29th, 2020 Mubadala Investment Company is in talks to invest about $1 billion in Reliance Jio platforms.
ACQUISITION Airtel acquires 10 percent stake in AI startup Voicezen May 25th, 2020 Bharti Airtel acquires 10 percent stake in Gurgaon based AI startup Voicezen.
ACQUISITION Reliance Jio 5th deal, sells 2.32 pc for $1.5 billion to KKR May 22nd, 2020 Private equity giant KKR will invest $1.5 billion for a 2.32 percent stake in the Reliance Jio.
FUNDING Reliance Jio total funding: Facebook, Silver Lake, Vista Equity Partners & General Atlantic Invests $8.8 billion May 18th, 2020 The US-based private firms invest $8.8 billion in Reliance Jio for 15% Stake, sets an enterprise value of $68 billion.
ACQUISITION Vista Equity Partners Acquire 2.32% stake in Jio for $1.5 billion May 8th, 2020 Vista Equity Partners will buy a 2.32 percent stake in billionaire Mukesh Ambani's digital unit, Jio Platforms, for $1.5 billion.
