Google to pick 7.7% stake in Jio for Rs 33,737cr

Google to pick 7.7% stake in Jio for Rs 33,737cr

IndiaTimes

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Google will pick up 7.7 per cent stake in Reliance Industries' technology venture for Rs 33,737 crore, richest Indian Mukesh Ambani said on Wednesday. "We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Ambani said.

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