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Jio Platforms gets $870 m from General Atlantic, more investments likely in future

As reported last week, General Atlantic, a big ticket investor in the consumer tech space, has decided to invest  Rs. 6,598.38 crore ($870 million) for buying in 1.34 % stake in Reliance Industries’ digital assets subsidiary Jio Platforms Ltd.

What more, General Atlantic has confirmed that this is the first of its investments in Jio and wouldn’t mind increasing its stake in the future.

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