Many are currently investing in the Jio platform. Now Intel Capital is going to make a big investment in Jio platforms. Reliance Industries and Jio Platforms today announced that they are continuously investing in Reliance Industries’ Jio Platforms. Intel Capital will be the 11th company to invest in Jio platforms in the last two months. So, this is going to be the 12th investment in Jio.
Intel Capital has said it will invest Rs 1,894.50 crore in Jio platforms. With an investment of Rs 1,894.50 crore, Intel will get a 0.39 per cent stake in Jio. Intel is known around the world for making quality computer chips. Along with these investments, the number of investments made by various leading companies in the world in Jio platforms in the last two months will reach Rs 11,7588.45 crore.
Meanwhile, Facebook had earlier announced that it would invest Rs 43,574 crore in Jio and buy a 9.99 per cent stake. After Facebook’s investment, tech investor Silverlake bought a 1.15 per cent stake in Jio with an investment of Rs 5,665.75 crore. Vista Equity Partners has since bought a 2.32 per cent stake in Jio. Under this, he had invested Rs 11,367 crore in the company. A total of 11 companies have so far invested in Jio. Intel Capital will now invest Rs 1,894.50 crore in Jio. This is great news for Jio.