Google pays ₹33,737 crore to Jio Platforms for 7.73% stake

Alphabet Inc’s Google has paid ₹33,737 crore to Reliance Industries Ltd’s (RIL) digital subsidiary, Jio Platforms Ltd, joining the list of global investors such as Facebook to have infused capital in the Mukesh Ambani-led company. With this transaction, Google now holds 7.73% stake in Jio Platforms.

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