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Sunday, 12 July 2020

Jio Platforms to raise Rs. 730 Crore from Qualcomm Ventures

Reliance Jio has announced that Qualcomm Ventures, the investment arm of Qualcomm Incorporated will invest Rs. 730 crore in Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. The investment will translate into a 0.15% equity stake in Jio Platforms on a fully diluted … Continue reading "Jio Platforms to raise Rs. 730 Crore from Qualcomm Ventures"