Jio Platforms

On Friday, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk and Indian Prime Minister Narendra Modi held talks about potential collaboration in technology and innovation, signaling a strong push for deeper ties in these areas. What Happened: In a post on social media platform X, Prime Minister Modi shared...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)-owned Google will invest up to $1 billion in India’s second largest telecom operator Bharti Airtel, two years after Mark Zuckerberg-led Facebook's — now renamed as Meta Platforms Inc’s (NASDAQ: FB) — mega funding...

Equity firm General Atlantic on Tuesday disclosed it would invest close to $500 million (INR 36.75 billion) in Reliance Industries Ltd's retail venture. What Happened: On a fully diluted basis, General Atlantic’s investment will represent around 0.84% stake in Reliance...

Amazon.com, Inc (NASDAQ: AMZN) and Verizon Communications Inc (NYSE: VZ) are set to resume negotiations to pick up stake in India’s Vodafone Idea Ltd for more than $4 billion, local media reported Thursday. What Happened: The talks came to a halt as a ruling was expected from the Indian...

Amazon.com, Inc (NASDAQ: AMZN) is looking to pick up a 9.9% stake in Indian behemoth Reliance Industries Ltd.'s retail arm, according to a report from Indian publication ET Now on Thursday. What Happened The e-commerce company is said to be primarily interested in a "...

QUALCOMM Inc. (NASDAQ: QCOM) has committed to invest $97.1 million in Indian behemoth Reliance Industries Ltd.'s digital services arm Jio Platforms, the latter announced Sunday. What Happened The investment will give the San Diego, California-based chipmaker 0.15% stake in Jio. The two...

Facebook Inc (NASDAQ: FB) is partnering with an Indian government-run school body, the Central Board of Secondary Education, to provide a curriculum designed for secondary school students. What Happened The social media giant will offer courses related to digital safety, online well-being, and...

Connecticut-based private equity firm L Catterton and Australian telecom giant TPG Telecom Ltd (OTC: TSLX) have become the latest investors in Indian behemoth Reliance Industries Ltd.'s subsidiary Jio Platforms. What Happened Catterton invested $249.32 million in the digital services arm of...

New York-based private equity firm General Atlantic is investing $871 million in Indian behemoth Reliance Industries Ltd.'s digital arm Jio Platforms, the latter announced Sunday. The funding values Jio at around $68.3 billion and gives General Atlantic about 1.34% stake in India's largest...

Private equity firm Silver Lake is investing $748.3 million in Indian conglomerate Reliance Industries Ltd's digital arm Jio Platforms, the latter announced Monday. What Happened The move comes two weeks after Facebook Inc. (NASDAQ: FB) said it was investing $5.7 billion in Jio in exchange for...