Ambani’s Jio Platforms Sells $1.2 Billion Stake to Mubadala
An advertisement for Reliance Jio Fiber near Antilia, Mukesh Ambani’s residence in Mumbai. (Source: BloombergQuint)

Ambani’s Jio Platforms Sells $1.2 Billion Stake to Mubadala

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(Bloomberg) -- Reliance Industries Ltd. added to the roster of marquee backers piling into its digital upstart Jio Platforms Ltd. with a $1.2 billion investment by Abu Dhabi’s Mubadala Investment Co.