How Reliance Jio Platforms became India’s biggest telecom network – TechCrunch

[ad_1] Months after India’s richest man launched his telecom network, his chief rival, Sunil Mittal, was already struggling to contain his frustration in the public. That tycoon Mukesh Ambani would try to win subscribers by offering them voice calls for free wasn’t a surprise for anyone, said Mittal at the World Economic Forum in January…

India’s Reliance Jio Platforms to sell $750 million stake to Abu Dhabi Investment Authority – TechCrunch

[ad_1] Mukesh Ambani has courted the seventh major investor for his telecommunications business in just as many weeks. On Sunday, Reliance Jio Platforms said it will sell a stake of 1.16% for $750 million to Abu Dhabi Investment Authority (ADIA), continuing its eye-catching run of investments at the height of a global pandemic. The three-and-a-half-year-old…

KKR to invest $1.5 billion in India’s Reliance Jio Platforms – TechCrunch

[ad_1] Mukesh Ambani’s Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major investment the top Indian telecom operator has secured in just as many weeks. On Friday, KKR announced it will invest $1.5 billion in the top Indian telecom operator, a subsidiary of India’s…

General Atlantic to invest $870M in India’s Reliance Jio Platforms – TechCrunch

[ad_1] Mukesh Ambani’s Jio Platforms has agreed to sell its 1.34% stake to General Atlantic, the latest in a series of deals the top Indian telecom operator has secured in recent weeks. On Sunday, New York-headquartered private equity firm General Atlantic said it would invest $870 million in the Indian telecom operator, a subsidiary of…

Indian education startup Byju’s is fundraising at a $10B valuation – TechCrunch

[ad_1] Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million in fresh capital at a $10 billion valuation, said three people familiar with the matter. The additional capital would be part of…

India’s NoBroker raises an additional $30M from General Atlantic – TechCrunch

[ad_1] NoBroker, a Bangalore-based startup that helps these seeking to lease or purchase an condominium join straight with property house owners, has prolonged its previous financing round so as to add $30 million to it. General Atlantic has invested $30 million in NoBroker’s Series D spherical, which the startup unveiled in October final yr. The…