KKR to invest in Jio. This is the fifth investment in Jio. KKR announced to invest Rs 11,367 CR in Jio Platforms.In a tweet from Reliance jio and in a Media report is is told.
Before this investment other four companies such as Facebook, Silver Lake, Vista Equity Partner, General Atlantic, also invested in Jio. There are expectation of more such deals.
KKR & Co. Inc. ( formerly known as Kohlberg Kravis Roberts & Co. ) is an American Global Investment Firm. KKR manages multiple alternative asset classes including private equity, real estate , credit , infrastructure ,energy through its strategic partner Hedge Funds.
With this investment Jio Platform has raised 67,194.75 CR from leading Technology investors including Silver Lakes , Facebook , General Atlantic , Vista equity Partner in less than four weeks.
Jio Platform is a technology subsidiary of Reliance Industries and described as a next-generation technology platform focus on delivering digital services.
In a Press Report by Jio it is told that KKR is investing Rs 11,367 CR in Jio Platform.