Reliance Jio

Indian conglomerate Reliance Industries said on Sunday equity firm General Atlantic will buy 1.34% of its digital unit for 65.98 billion rupees ($870.25 million).

With this investment, Jio Platforms, which houses Reliance's digital businesses including telecoms unit Jio Infocomm, has raised a total of 671.94 billion rupees from investors including Facebook Inc, Silverlake and Vista Equity Partners in four weeks.