Google to invest Rs 33,737 cr for 7.7% stake in Jio Platforms

Google will invest Rs 33,737 cr for a 7.7% stake in the Jio Platforms, Reliance Chairman Mukesh Ambani confirmed today in the company’s 43rd AGM. Google, now, will join Facebook and other firms that invested in Jio Platforms in the last few months. Jio Platforms, with the latest funding, has secured a total investment of well over Rs 152,000 cr, so far. Google, a few days back, had announced a $10 bn digital fund for India, in its first country-specific fund.

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