List of Top Investors in Reliance Jio

Reviewed by:

Nafeez Khan

Who are the Top 10 Investors of Jio?

Mukesh Ambani founded Jio Platforms, a RIL subsidiary, in November 2019. It was previously defined as a next-generation technological platform aimed at providing low-cost, high-quality digital services. Jio Platforms has already invested heavily in a number of areas, including broadband connection, smart devices, cloud and edge computing, artificial intelligence, the internet of things, smart devices, blockchain, and even augmented reality.

Reliance Jio, the digital platform, has sold a total of 32.94 percent of its stock to 13 separate investors in order to pay off the company's debt by March 2021. Facebook is the largest investor in the Jio Platform, having purchased a 10% stake. Dhirubhai Ambani, Ambani's father, founded Reliance Industries Limited (RIL) in Maharashtra on May 8, 1973.

Reliance Industries Limited now has Mukesh Ambani as its chairman and managing director. Mukesh Ambani is Asia's richest billionaire and the world's seventh-richest man. Analysts anticipate that Jio might be valued at around $100 billion in a few years. Jio Platforms is currently valued at $58 billion on the stock market. Reliance Jio is currently not listed on any stock exchanges; nevertheless, its parent company is listed in Mumbai and New York.

Investors of Reliance Jio

List of top 10 investors of Jio -

Investor	Information on List of Top Investors in Reliance Jio	Investment (MN ＄)
1. Facebook	In April this year, Reliance Jio announced that it is selling 9.99 stakes to Facebook. The US-based social media giant has bought this much stake at Rs. 43,574 crore. In fact, both have already filed an application in CCI for approval.	5700
2. Silver lake	Silver Lake has invested in Jio platforms, acquiring a 2.08 percent share. The business has announced a Rs. 10, 202.55 crore investment in the operations of India's largest telecom operator. Silver Lake has increased its investment amount in just one month for those who are uninformed. Previously, the corporation purchased a 1.15 percent share in Jio, and in less than a month, it revealed ambitions to increase its position in the operator.	1338
3. VISTA	Vista Equity has also shared its plans to invest Rs. 11,367 crore in Reliance Jio on May 8. The company is buying a 2.32 percent stake in Jio platforms.	1500
4. General Atlantic	General Atlantic, another US corporation, paid Rs. 6,598.38 crores for a 1.34 percent share. Jio Platforms is valued at Rs. 4.91 lakh crore in equity and Rs. 5.16 lakh crore in enterprise value in this transaction.	873
5. KKR	KKR has invested in Jio platforms for the fifth time. With an investment of Rs. 11,367 crore, the business purchased 2.32 percent of Reliance Jio.	1500
6. Mubadala	It Announced that it is looking to buy a 1.85 percent Stake in Jio for Rs. 9,093.60 crores.	1200
7. Abu Dhabi Investment Authority	Mubadala Investment, an Abu Dhabi sovereign wealth fund, has stated that it will invest $9.093 crore to purchase a 1.85 percent share in Jio platforms.	750
8. TPG	On June 13, 2020, Reliance Jio announced that L Catterton would buy a 0.39 percent equity share in Jio platforms. The companies are investing Rs.1,894.50 crore in Jio's platforms.	600
9. L. Catterton	Reliance Jio announced on June 13, 2020, that TPG and L Catterton would buy a 0.93 percent ownership stake in Jio platforms. The firms are putting in Rs. 4,546.80 crore.	250
10. Public Investment Fund of Saudi Arabia	Saudi Arabia's wealth fund Public Investment Fund has bought a 2.32% stake in Jio Platforms for Rs 11,367 crore, parent Reliance Industries Ltd.	1500
11. Qualcomm	Qualcomm is the newest investment in Reliance Jio Platforms, which has been around for four years. This 5G American behemoth has put ＄97 million into Reliance Jio in exchange for a 0.15 percent stock stake. Qualcomm said it would assist Jio in “rolling out advanced 5G infrastructure and services for Indian customers,” according to a statement.	97
12. Google	Now Google is the latest company that has invested around ＄4.5 billion for the 7.73% stake in Reliance Jio.	＄4.5 billion

(Image will be Uploaded Soon)

RIL has now raised a total of ＄20.2 billion (Rs. 1,52,056 crores) from some of the world's top IT investors. There are currently 13 investors who own a 32.94 percent share in the Jio platform.

Google, Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, PIF, Abu Dhabi Investment Authority (ADIA), TPG, L Catterton, and Qualcomm are among the major investors in Reliance Jio.

When Facebook announced that it would invest Rs 43,574 crores for a 9.99 percent share in Jio Platforms, the company received a lot of attention. Other big organizations, like Silver Lake, Vista, General Atlantic, Abu Dhabi Investment Authority, and L Catterton, among others, soon made significant investments in this company, raising about 53,000 crores in the capital.

Initially, Google wanted to utilize its investment in Jio to help introduce smartphones to more Indians, and it expects that its collaboration with Jio, which has reportedly 400 million subscribers, will aid in this endeavour. This partnership, as well as Google's decision to invest heavily in India's digitalization efforts, could not have come at a better time, given that the Indian government is increasingly pushing for digital sovereignty and laying the groundwork for the promotion of more homegrown organizations and industries.

Reliance Jio is Reliance Industries Limited's wholly-owned subsidiary (RIL). Google is the newest investor to invest about Rs. 33,737 crore (＄4.5 billion) in Reliance Jio for a 7.73 percent stake. So far, 13 investors have bought a 32.97 percent interest in the Jio platform. Jio Platforms has received a total investment of Rs 1,52,056 crore (＄20.2 billion) from financial and strategic investors. Mr. Mukesh Ambani, Chairman and Managing Director (MD) of Reliance Industries Limited (RIL), is Asia's richest man and the world's seventh-richest man. The market value of Jio Platforms is roughly ＄58 billion after Google's investment. Mukesh Ambani has climbed up a billion rankings to 6th place.

FAQs on List of Top Investors in Reliance Jio

Question 1: What is Reliance Jio?

Ans: Reliance Jio has recently emerged as the most popular Indian company among international investors. The telecommunications company has received ten investments from nine different companies. The most remarkable aspect of these transactions is the speed with which they were published: the corporation announced these stake-selling adjustments in just eight weeks. The corporation sold its stake in order to become debt-free by March 2021. When it comes to debt, Jio has a total of Rs. 21,900 crore. It was formerly Rs. 2.17 lakh crore. However, because Reliance Jio wants to cut its shareholding to 75 percent, there is still a chance that it would sell more shares to other companies. As a result, we'll be able to provide you with a comprehensive list of all Jio platform investors.

Question 2: How Many Investors of Reliance Jio are there?

Ans: So far, Facebook, General Atlantic, Vista Equity, Silver Lake, KKR, Mubadala, Abu Dhabi Investment Authority, TPG, and L Catterton have invested Rs. 1,04,326.65 crores in India's largest telecom operator. These corporations bought more than 22% of Reliance Jio's stock.

To become debt-free by March 2021, RIL has sold 32.94 percent of its Jio Platforms holding. The corporation had a debt of Rs. 2.17 lakh crore at one point, but now it owes Rs. 21,900 crore. Reliance Jio, RIL's telecom and digital business, has raised ＄20.2 billion in 13 agreements in the last two months.