Tag: Jio Platforms
Jio Platforms Q4 Net Profit up 47.5% Despite COVID-19 Crisis in India
Reliance's Jio Platforms has managed to achieve a 47.5 percent year over year increase in net profit in the January-March quarter. Jio Platforms' net...
Jio Platforms Added 99 Lakh New Users in First Quarter of FY21
Reliance's Jio Platforms has added 99 lakh (9.9 million) new customers in the first financial quarter of 2020-2021 that ended on the 30th of...
Google Picks Up 7.7% Stake in Jio Platforms for Rs. 33,737 Crores
Reliance Jio Platforms has been rumored to be in 'advanced talks' with the renowned search giant, Google, for fresh investment. At its virtual 43rd...
Qualcomm Invests Rs. 730 Crore in Jio Platforms
Just when you think Jio Platforms is done racking up fresh investments, you hear that another investor has joined the ranks of Facebook, Silver...
Intel to Invest Rs 1,894 Crore in Jio Platforms for 0.39% Equity Stake
Intel has agreed to invest Rs. 1,894.50 crore for a 0.39% equity stake in Jio Platforms. The investment will come through Intel Capital, the...
Facebook Floats New Entity ‘Jaadhu Holdings’ as Part of Facebook-Jio Deal
Facebook now has a new entity named 'Jaadhu Holdings LLC' as part of its 9.9% stake acquisition in Jio Platforms Limited. Both companies disclosed the...
Microsoft Eyes Massive $2 Billion Investment in Jio Platforms: Report
After picking up an investment from Facebook, Reliance Jio now seems to be on the radar of every investment firm. This subsidiary of Reliance...
Reliance Eyes Overseas IPO for Facebook-backed Jio Platforms
Jio Platforms, the digital and telecom subsidiary of Reliance Industries, has been in the news quite frequently over the past month. It first secured...
Silver Lake Invests Rs. 5,655.75 Crores in Jio Platforms Limited
A couple of weeks back, Facebook picked up a 9.9 percent stake in Jio Platforms Limited, and now, American private equity firm Silver Lake...