Abu Dhabi Investment Authority pour ₹5,683 Crores to Jio

It seems that high-profile foreign investors become impatient to invest in Indian telecom operator Jio. During the past few weeks, Jio received so many investments in every few days. After receiving a good amount from the US-based investor Silver Lake, now the Abu Dhabi Investment Authority (AIDA) spend ₹5,683 crores to Jio.

The AIDA is Abu Dhabi government’s largest investment firm. By investing the mentioned amount, it collects a 1.16% stake of Reliance Jio. Yesterday, in a press release Reliance announced all the details of this investment.

In that press release, Reliance also mentioned the equity value i.e. ₹4.91 lakh crores and the enterprise value i.e. 5.16 lakh crores.

Jio AIDA 1_TechnoSports.co.in

This one is the second investment that came from Abu Dhabi. The first investment came a few days back from Mubadala Invest which is also a reputed one. Mubadala invested ₹9,093.60 crores.

AIDA is the seventh investor for Jio. Over the past few weeks, Jio bagged ₹97,885.65 crores in total from all the investors and in exchange it sold 21.06% of its stake.

Instead of AIDA, the previous investor list for Jio includes the social media giant Facebook, Vista Equity firm, General Atlantic, KKR, and two previously mentioned firms Mubadala and Silver Lake. The hight investment is done by the social media giant and the amount is ₹43,574 crores. In return, Facebook got a 9.9% stack of Jio.

Do Check Out 👇🏼

TechnoSports 🔥 Stay Updated

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Jio Recharge Plans 2025: The Ultimate Guide in February

A leading Indian telecommunications company, Jio has now become one of the most loved by users. Jio...
Jio Rs 189 Plan Returns, Rs 448 Plan Gets a Price Cut – Here’s What’s New!

Jio Rs 189 Plan Returns, Rs 448 Plan Gets...

Reliance Jio, one of India’s leading telecom providers, has once again made changes to its prepaid offerings....

LATEST: Mukesh Ambani Net Worth as of February 2025

Indian business tycoon Mukesh Ambani is the managing director, chairman, and major shareholder of the conglomerate Reliance Industries,...
Mukesh Ambani now ranked 4th on the Top Billionaires List_TechnoSports.co.in Mukesh Ambani net worth

A Deeper Look at Amazing Mukesh Ambani Net Worth...

Mukesh Ambani is one of the world's wealthiest and most influential people in the world and a...

Jio, Airtel, Vi: Best Voice and SMS Plans in...

Major telecom providers in India: Reliance Jio, Bharti Airtel, Vodafone Idea (Vi), and BSNL provide various voice...

LATEST NEWS

Keerthy Suresh Post-Wedding Glow: The Story Behind Her Golden Mangalasutra

Keerthy Suresh Post-Wedding Glow! Imagine jetting off to sun-kissed Goa in December, where traditional culture meets dreamy beachfront views. That’s precisely what happened when Keerthy...

Madame Tussauds’ HOT 100 for 2025: From BTS Jungkook to BLACKPINK Rosé

BTS Jungkook to BLACKPINK Rosé! February might be the month of love, but it’s also the time for global recognition—especially if you’re part of the...

BLACKPINK JISOO “AMORTAGE” Mini-Album: A Valentine’s Day Love Letter

BLACKPINK JISOO “AMORTAGE” Mini-Album! February is here, and it’s sweeter than ever for BLACKPINK JISOO fans. After teasing us for months, JISOO is only days...

Mrunal Thakur Red-Carpet Charm: Twirls, Giggles, and a Stunning Designer Dress

Mrunal Thakur Red-Carpet Charm! Ever stepped into a room and felt like you were in a whimsical fairy tale? That’s exactly the aura Mrunal Thakur...

Featured