Reliance digital unit has raised Rs 87,655 crore from leading tech players and investors. Latest deal comes close on the heels of investments by Facebook, General Atlantic, Silver Lake, Vista Equity Partners and KKR.

Mubadala’s investment will translate into a 1.85 percent equity stake in Jio Platforms on a fully diluted basis.

Qualcomm Inc will invest Rs 730 crore in Jio Platforms in exchange for a 0.15 percent stake.

Endeavor, the Los Angeles-based entertainment behemoth, raised $511 million in a US IPO earlier this week valuing it at around $10 billion. The bold deal has raised hopes of revival in the sector battered by the global pandemic.

In July 2020, Google invested $4.5 billion in Jio Platforms, taking a 7.73 percent stake in the company. This was the first investment from Google under its India Digitisation Fund, through which it plans to invest $10 billion over the next five to seven…

The company's games will be distributed to all the Jio and Jio Phone customers.

Reliance Jio’s integration with UPI autopay has made it the first player in the telecom industry to go live with the unique e-mandate feature that was launched by NPCI.

Its revenue from operations came in at Rs 24,042 crore, rising 2.76 percent from Rs 23,394 crore in the previous quarter.

Jio Platforms will provide managed services that utilise data analytics and AI to large enterprises in India and abroad.