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Notably, this is the 11th investment in the digital unit of RIL in nine weeks. Jio’s ten investors include Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and now the PIF. It has so far raised Rs 115,693.95 crore from these investments.
The investment by PIF in Jio Platforms is at an equity valuation of Rs 4.91 lakh crore and an enterprise valuation of Rs 5.16 lakh crore, according to a release by the company.