Jio Platforms set to raise Rs 5683.50 crore from Abu Dhabi Investment Authority

The investment pegs Jio Platforms’ equity value at Rs 4.91 lakh crore and enterprise value at Rs 5.16 lakh crore. With the latest tranche, parent Reliance Industries stands to get Rs 97,885.65 crore from the seven investors in exchange for 21.06% stake, the group said.