After Facebook and KKR, now Microsoft aims to buy 2.5% stakes in Jio Platforms to step into India’s fast-growing digital market. The firm is negotiating an investment of $2 bn. Reliance Jio and Microsoft announced their partnership in February. The deal demanded Reliance Jio to set up data centres across India using Microsoft Azure’s cloud services for enterprise clients. Reportedly, Reliance Industries, however, have not yet responded to the proposal.

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