Microsoft is Eying to Invest $ 2 Bn in Mukesh Ambani’s Jio Platforms
Microsoft Corp is now in the talks of negotiating an investment of nearly $2 billion in Mukesh Ambani’s Jio Platforms Ltd, India’s leading business newspaper Mint report quoted. However, the report also mentioned that only two people are aware of the matter.
The newspaper quoted that Microsoft has been in discussions with several players in the digital payments services space. And with Reliance, the IT giant is looking at buying more tat 2.5% stake in Jio Platforms.
Well, it is imperative to note that if this deal is successful Microsoft will be a part of Jio Platforms that has already attracted investments worth $10 billion in one month. The investors include Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR &Co.
However, the second source close to the matter said that even though Microsoft has shown interest in Jio, they cannot guarantee if the investment deal will make through.