Industry Newsroom

General Atlantic Invests USD870m in Indian Telecom Company Jio Platforms for 1.34% Stake

General Atlantic has invested USD870m in India-based telecommunications and technology company Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries, for a 1.34% stake. Facebook, Silver Lake, and Vista Equity Partners recently invested in the company and hold 9.99%, 1%, and 2.3%, respectively. Read more