You asked: Why many companies are investing in Jio?

Social distancing has meant increased usage of technology and digital solutions, which is driving investors towards tech companies. RIL has tapped into this heightened interest for technology investments by positioning Jio as a digital platform company.

Why is Google invested in Jio?

Primarily, Google hoped to use its investment in Jio to bring smartphones to more users in India, and it hopes that through this partnership with Jio, which reportedly has about 400 million users, will help its efforts.

Which companies invested in Jio recently?

In all, Jio Platforms has raised capital from thirteen investors, including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, Public Investment Fund of Saudi Arabia, Intel Capital and Qualcomm Ventures, for a total consideration of 32.9 per cent stake.

What has Ambani invested?

Mukesh Ambani, Bill Gates & others to invest $144 mn in US-based Ambri Inc. Mumbai: Mukesh Ambani’s Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries will invest $50 million in Ambri Inc, a renewable energy storage company in the United States.

Did Microsoft invest in Jio?

Microsoft, the world’s most valuable company, is reportedly mulling over investing $2 billion in Mukesh Ambani’s Reliance Jio for a 2.5% stake. The two companies already have a partnership in place with Microsoft’s cloud solution, Azure, hosting Reliance Jio’s data on its servers in India.

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Who is the CEO of Jio?

Atul Kansal – CEO – Jio | LinkedIn.

Who is Jio owner?

Jio Platforms
Reliance Jio Infocomm/Головные организации
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