Industry Newsroom

KKR Invests USD1.5b in Indian Telecom Company Jio Platforms for 2.3% Stake

KKR has agreed to invest USD1.5b in India-based telecommunications and technology company Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries, for a 2.3% stake. With this investment, Jio has received over USD10b in the past month from Facebook, Silver Lake, Vista Equity Partners, and General Atlantic. Read more