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Saturday night fun for Jio Platforms, gets $850 million from TPG Capital & L Catterton

On a Saturday night in India, it was party time in Jio Platforms, the digital subsidiary of Reliance Industries helmed by India’s richest man Mukesh Ambani.

Two more big investors, TPG Capital and L Catterton, put in $600 million (Rs 4,546.80 crore) and $250 million (Rs. 1894.50 crore) respectively in Jio Platforms. 

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