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3-Point Analysis | KKR deal marks another big leap for Jio Platforms
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Reliance Industries (RIL) announced that the US-based private equity firm KKR will invest Rs 11,367 crore for 2.32 percent equity stake in its digital arm Jio Platforms, making it the fifth high-profile investment in a month. Jio Platforms has attracted investments worth Rs 78,562 crore in the last one month from Facebook, Silver Lake, Vista and General Atlantic. Moneycontrol's Sakshi Batra does a 3-Point Analysis to understand what this deal means for both companies and why there is so much of interest in Jio Platforms.
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