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Intel Capital Invests In Jio, Who Wins At CogX 2020

Intel Capital has invested Rs 1,894.50 in Jio Platforms Limited, translating into 0.39% equity stake. This is the 12th investment in Jio in the past 11 weeks. Intel Capital’s investment has amounted to Rs 117,588.45 crore in the digital ecosystem that works with broadband connectivity, smart devices, cloud and edge computing, big data analytics, artificial …

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Abu Dhabi’s ‘Mubadala’ Invests In Jio

Abu Dhabi based investors Mubadula is investing 1.85% stake in Jio Platforms, for Rs 9,093.60 crores. With this investment, Jio has raised Rs 87,655.35 crores from leading global technology and growth investors. This interest highlights Jio’s potential to become the dominant player in India’s digital economy. Mukesh Ambani stated that Mubadala is one of the …

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Jio With Facebook

The social media giant Facebook has invested $5.7 billion in buying 9.9% stakes of Reliance owned telecom company, Jio Network. This new collaboration with Jio is definitely going to boost Facebook’s reach in the world as Indian market is currently considered to be the most flourishing one. The telecom company has already taken a hold …

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Jio Is Killing It!

Reliance Industries chairman and managing director, Mukesh Ambani made important announcements during the company's 42nd Annual General Meeting (AGM).   https://twitter.com/reliancejio/status/1160784558805024768   He announced the roll-out of Jio Fiber broadband services and that the high-speed internet service will be available to the general public from 5 September.   https://twitter.com/reliancejio/status/1160930290879127553   The key announcement regarding the …