TPG Invests ₹4,546.80 Crore in Jio Platforms

June 13, 2020

TPG will invest ₹4,546.80 crore in Jio Platforms for a 0.93% equity stake, valuing Jio Platforms at an equity value of ₹4.91 lakh crore (enterprise value ₹5.16 lakh crore). The investment — made from TPG Capital Asia, TPG Growth and TPG Tech Adjacencies — is part of Jio Platforms' larger fundraising which has raised over ₹102,432.45 crore from global technology investors.

Buyers
TPG, TPG Capital Asia, TPG Growth, TPG Tech Adjacencies (TTAD)
Targets
Jio Platforms Limited
Sellers
Reliance Industries Limited, Jio Platforms Limited
Location
Maharashtra, India
Transaction Type
Growth capital

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