Friday, July 3, 2020

Intel Capital to invest $253.5M in Jio Platforms for a 0.39% stake, giving the Indian firm a valuation of $65B (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Intel Capital to invest $253.5M in Jio Platforms for a 0.39% stake, giving the Indian firm a valuation of $65B  —  Intel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have backed India's top telecom operator …



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