At the time of the Corona crisis, when the entire business is at a standstill, Mukesh Ambani is the only industrialist to raise a huge fund of Rs 60 thousand crores for the company by doing three deals within three weeks. According to Bloomberg’s report, two more companies from Saudi Arabia and the US can invest in Jio on a large scale.
General Atlantic can also invest The American private equity firm General Atlantic can invest $ 850–950 million (6500 million) in Reliance Jio. It is believed that the deal will be done by the end of May. There is also news that Saudi Arabia Public Investment Fund (PIF) also wants to buy a minority stake in Jio.
Facebook invested around 44 thousand crores
Let me tell you that first Facebook (Facebook) has invested Rs 43.5 thousand crores in the company, then Silver Lake has announced about Rs 5 thousand crores and now Vista has announced an investment of Rs 11,367 crores. In less than three weeks, Reliance has been successful in raising about 60 thousand crores. The strategic investments of these companies will help Reliance Industries reduce its debt burden.