Intel Capital, investment arm of Intel Corporation, will invest Rs 1,894.50 crore in Jio Platforms at an equity value of . 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis. Intel Capital joins the list of marquee firms who have recently invested in Jio Platforms, taking the total investment amount to Rs 117,588.45 crore.

"Intel Capital invests globally in innovative companies with a focus on disruptive technology areas like cloud computing, artificial intelligence and 5G - opportunities where Jio is also innovating and investing for growth," a company statement said. Intel has operated in India for more than two decades and employs thousands of employees in the country.

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, said Intel was a "true industry leader", which was working towards creating world-changing technology and innovations. "Intel Capital has an outstanding record of being a valuable partner for leading technology companies globally. We are therefore excited to work together with Intel to advance India's capabilities in cutting-edge technologies that will empower all sectors of our economy and improve the quality of life of 1.3 billion Indians," he said.