Jio Platforms Undisclosed stage: ₹81.1B
Jio Platforms raised ₹81.1 billion (about $853.96 million) in an undisclosed stage round, announced Oct. 19.
Facts
- Company
- Jio Platforms
- Amount
- ₹81.1 billion (about $853.96 million)
- Currency
- INR
- Stage
- Undisclosed stage
- Announced
- Oct 19, 2026
- Instrument
- Equity
- Valuation
- ₹10300 billion (about $108.46 billion) (officially disclosed)
- FX rate
- 1 INR = 0.01053 USD on Oct 16, 2026
Investors
- SBI Mutual FundHDFC Mutual FundICICI Prudential Mutual FundAditya Birla Sun Life Mutual FundKotak Mahindra Mutual FundLife Insurance Corporation of IndiaHDFC Life InsuranceSBI Life InsuranceICICI Prudential Life InsuranceFidelityAllianzBlackRockGovernment of SingaporeAbu Dhabi Investment AuthorityGoldman Sachs
Use of funds
Reduce subsidiary Reliance Jio Infocomm Ltd’s net debt and interest burden, and improve leverage.
Sources
- 1.Jio Platforms Raises About ₹8,110 Cr From Anchor Investors — Inc42, Oct 19, 2026