Tag: TPG

TPG will invest Rs. 4,546.80 crores in Jio, Reliance Industries Limited announced on Saturday. TPG will get 0.93 percent equity stake in Jio Platforms for this money. With the recent investments, RIL has now divested a total of 22.67 percent stake in Jio Platforms and raised Rs. 102,432.45 crores.

TPG is looking to invest in Jio Platforms, the holding company of Reliance Jio, according to an online report. If these talks come to fruition, TPG will join other PE companies like General Atlantic, KKR, Silver Lake, Vista Equity Partners as an investor in Jio.