Jio Platforms get more Investment from ADIA
- The Jio Platforms has got the 5683.50 crore rupee amount investment from Abu Dhabi Investment Authority (ADIA). as a result, ADIA buys 1.16% stake in Jio Platforms with its investment. The ADIA ‘s investment valued the Jio Platforms at an equity value of 4.91 lakh crore rupee and an enterprise value of 5.16 lakh crore rupee.
- Jio Platforms is owned by Reliance Industries (RIL). it goals to give high-quality and affordable digital services in the India. Abu Dhabi Investment Authority (ADIA) is one of the largest investment arm of the government of Abu Dhabi.
About Abu Dhabi Investment Authority (ADIA) –
CEO: Hamed bin Zayed Al Nahyan
Headquarters : Abu Dhabi, United Arab Emirates
Founder: Zayed bin Sultan Al Nahyan