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Jio Platforms

Mark Zukerburg, Facebook InFocus

CCI Approved Acquisition of 9.9% Stakes of Jio Platforms By Facebook

CCI added a detailed order will be out soon. Facebook acquired a 9.99 per cent stake by investing Rs 43,574 crore. After Facebook, other investors that have invested in Jio are Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton, since April 2020. It is estimated that the company has raised a total of Rs 1, 15, 693.95 crore from leading global investors.

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