Reliance Jio today announced that KKR a leading global investment firm will invest Rs. 11,367 crore in Jio Platforms. This investment values Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. KKR’s investment will translate into a 2.32% equity stake in Jio Platforms on a fully diluted basis. Continue reading “KKR to invest Rs. 11,367 Crore in Jio Platforms for 2.32% stake”