Rs 1.52 lakh crores, 13 deals: Reliance Jio’s hot 'streak' of partnerships with Facebook, Google and others

| Jul 16, 2020, 08:49 AM IST
Rs 1.52 lakh crores, 13 deals: Reliance Jio’s hot 'streak' of partnerships with Facebook, Google and others
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Rs 1.52 lakh crores, 13 deals: Reliance Jio’s hot 'streak' of partnerships with Facebook, Google and others

At the 43rd Annual General Meeting, Reliance Industries’ MD and chairman Mukesh Ambani announced that Google is joining its ‘dream team’. In the last couple of months, Ambani-led Jio has been picking up partnerships, racking up investments and giving stake to some of the big wigs of tech town. Facebook, Qualcomm, Intel, and now Google -- all have a stake in Reliance Jio. Big or small, all in all, Reliance Jio has been on a roll and has now raised Rs 1.52 lakh crores through a total of 13 deals. Here’s how the deals break up and we tell you how much stake do the likes of Google, Intel, Facebook have, and more importantly how much they will be spending on it:

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Facebook: Investment worth Rs 43,574 crore for 9.99% stake
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Facebook: Investment worth Rs 43,574 crore for 9.99% stake

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Google: Investment worth Rs 33,737 crore for 7.73% stake
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Google: Investment worth Rs 33,737 crore for 7.73% stake

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KKR: Investment worth Rs 11,367 crore for 2.32% stake
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KKR: Investment worth Rs 11,367 crore for 2.32% stake

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Vista Equity Partners: Investment worth Rs 11,367 crore for 2.32% stake
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Vista Equity Partners: Investment worth Rs 11,367 crore for 2.32% stake

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Saudi Arab PIF: Investment worth Rs 11,367 crore for 2.32% stake
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Saudi Arab PIF: Investment worth Rs 11,367 crore for 2.32% stake

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Silver Lake: Investment worth Rs 10,202.55 crore for 2.08% stake
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Silver Lake: Investment worth Rs 10,202.55 crore for 2.08% stake

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Mubadala: Investment worth Rs 9,093.60 crore for 1.85% stake
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Mubadala: Investment worth Rs 9,093.60 crore for 1.85% stake

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General Atlantic: Investment worth Rs 6,598.38 crore for 1.34% stake
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General Atlantic: Investment worth Rs 6,598.38 crore for 1.34% stake

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Abu Dhabi Investment Authority (ADIA): Investment worth Rs 5,683.50 crore for 1.16% stake
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Abu Dhabi Investment Authority (ADIA): Investment worth Rs 5,683.50 crore for 1.16% stake

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TPG: Investment worth Rs 4,546.80 crore for 0.93% stake
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TPG: Investment worth Rs 4,546.80 crore for 0.93% stake

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L Catterton: Investment worth Rs 1,894.50 crore for 0.39% stake
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L Catterton: Investment worth Rs 1,894.50 crore for 0.39% stake

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Intel Capital: Investment worth Rs 1,894.50 crore for 0.39% stake
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Intel Capital: Investment worth Rs 1,894.50 crore for 0.39% stake

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Qualcomm: investment worth Rs 730 crore for 0.15% stake
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Qualcomm: investment worth Rs 730 crore for 0.15% stake

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