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…

Vista Partners founder calls for a fintech revolution to help pandemic-hit, minority-owned small businesses – TechCrunch

[ad_1] The head of what is arguably private equity’s most successful technology investment firm — Vista Equity Partners — made a rare appearance on Meet The Press to discuss the steps that the country needs to take to help minority-owned businesses recover from the economic collapse caused by the COVID-19 epidemic. Robert F. Smith is…

Vista Equity Partners to invest $1.5B in India’s Reliance Jio Platforms – TechCrunch

[ad_1] Private equity firm Vista Equity Partners said on Friday it will invest $1.5 billion in Reliance Jio Platforms, joining social conglomerate Facebook and Silver Lake that have also made bets on the Indian telecom giant in recent weeks. The planned announcement, which would give the U.S.-headquartered software-focused buyout firm Vista Equity Partners a 2.32% stake…