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Intel became the 12th company to invest in Reliance Jio platforms after it invested ₹1,894.50 crore ($250 million), the total investments in Jio platforms is ₹117,588.45 crore so far. [67] On 16 July 2020, Google announced that it will acquire a 7.7% stake in Jio Platforms for ₹33,737 crore. [ 68 ]
Jio soft launched on 27 December 2015 with a beta for partners and employees, [6] [7] [8] and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the third largest mobile network operator in the world with over 42.62 crore (426.2 million) subscribers. [9]
Website. www .rcom .co .in. Reliance Communications Limited ( RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. [ 3]
How Reliance Jio Platforms became India’s biggest telecom network. It’s raised $5.7 billion from Facebook. It’s taken $1.5 billion from KKR, another $1.5 billion from Vista Equity Partners ...
Over the past three months, Jio has raised over $15.5 billion from a cohort of investors that include prominent financial institutions like KKR and Silver Lake Partners, massive sovereign wealth ...
In 2024, Jio Financial Services opened a subsidiary called Jio Leasing Services Ltd, an unrelated leasing services business. [11] The subsidiary's first customer was another promoter owned company, Reliance Retail. [12] This was a massive $4.4 billion deal and some commentators saw it as a way to prop up the revenue of the promoter's retail ...
In 2020, Jio Platforms raised over $20 billion from a series of investments by companies like Meta, Google, Silver Lake, Vista Equity Partners and others. Reliance Retail, which raised about $7 ...
Website. www .dennetworks .com. DEN Networks Limited is an Indian cable television and broadband service provider company in India. It is owned by Sameer Manchanda and was acquired by Reliance Industries in 2018 along with Hathway. [ 4] In 2003, it stood as one of the three major cable distributors in India alongside Hathway and InCablenet. [ 5]