Reliance Jio sells 2 23% stake to Vista Equity for Rs 11,637 Cr

Reliance Jio sells 2.23% stake to Vista Equity for Rs 11,637 Cr. This is the 3rd major equity deal for Jio Platforms in three weeks . U.S-based Vista Equity is a private equity firm. Jio has raised Rs 60,596 Cr from leading tech investors in less than 3 weeks. Recently, Facebook and Silver Lake had acquired 9.9% and 1.5% stake respectively.

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