Jio Platforms News
Reliance's JioMart integrates with WhatsApp for order placement
A demo shared by JioMart showed that shoppers in select cities can start shopping on WhatsApp by chatting with a JioMart business account over the messaging app
2 min read16 Dec 2021KKR picks up 1.28% stake in Reliance Retail for ₹5,550 cr
The latest transaction, the second such in about two weeks, brings the total funding into Reliance Retail to ₹13,050 crore and follows a record ₹1,52,056 crore of investments into Jio Platforms
1 min read24 Sep 2020RIL offers investors in Jio a slice of retail pie
Reliance Retail may follow the Jio Platforms model, onboarding multiple investors by selling stakes in the firm These investors, include Facebook, Google, KKR, Silver Lake and TPG
2 min read5 Sep 2020Facebook says Jio deal to drive small biz to WhatsApp
Zuckerberg says he is ‘excited about the opportunity’ here and that the company plans to expand to other markets once the platform is proved in India
1 min read1 Aug 2020How buyouts by big tech stifle innovation
Acquisitions by tech giants such as Facebook and Google shrink the valuation of start-ups and take away their incentive to innovate, new study finds
1 min read22 Jul 2020Jio Platforms raises $4.5 billion from Google
Jio Platforms has raised a total of ₹1.52 trillion by selling nearly 33% stake to 13 financial and strategic investors in just 11 weeks The stake sales by RIL have positioned India as a hot-spot for M&A deals this year
2 min read16 Jul 2020RIL AGM expected to be technology focused after Jio Platforms fundraise
Additions to the Jio digital ecosystem offerings and next generation network technology like 5G could be on the menu RIL may also unveil Jio’s plans for tele-medicine, healthcare, online education and advertisement revenue monetization
2 min read15 Jul 2020Google dials Jio for $4 billion Platforms stake
The deal, when it comes through, will take the total fundraising to ₹1.48 trillion For the proposed deal with Google, Morgan Stanley has been hired as the investment banker by Reliance Industries.
2 min read15 Jul 2020Jio Platforms raises ₹1.18 lakh cr so far: Here's how the cheques poured in
12 global investors have cumulatively bought 25.24% stake in the RIL digital unit
2 min read12 Jul 2020Qualcomm Ventures to invest ₹730 cr in Jio Platforms for 0.15% stake
With this, Reliance Industries has sold a total of 25.24% stake in Jio Platforms raising ₹118,318.45 crore
2 min read12 Jul 2020