Abu Dhabi’s state fund Mubadala to invest Rs 9,093.6 Cr in Reliance’s Jio Platforms. Mubadala will own 1.85% stake in Jio Platforms. Mubadala Investment Company is the second-biggest state investor in Abu Dhabi. This will be the sixth investment garnered by Jio in the recent months. Reliance Jio has an equity value of Rs 4.91 lakh Cr & enterprise value of Rs 5.16 lakh Cr.
Abu Dhabi’s state fund Mubadala to invest Rs 9,093.6 Cr in Reliance’s Jio Platforms
By News Desk1 Min Read