News > Microsoft eyes $2 billion investment in Mukesh Ambani's Reliance Jio
Microsoft eyes $2 billion investment in Mukesh Ambani's Reliance Jio
The Free Press Journal | 28/05/2020 03:33 PM | Click to read full article
Microsoft Corp is now in the talks of negotiating an investment of nearly $2 billion in Mukesh Ambani's Jio Platforms Ltd. With Reliance, the IT giant is looking at buying more tat 2.5% stake in Jio Platforms. 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. Over the last month, leading technology investors such as Facebook, Silver Lake, Vista, General Atlantic and KKR have announced aggregate investments of Rs 78,562 crore into Jio Platforms.