₹1.04 trillion to 10 global investors in just a span of eight weeks—the largest continuous fundraising by any company in the world.Of this, deals worth at least ₹60,753.36 crore are private equity investments from eight marquee global investors.
This is by far the largest known PE investment in a single company in India.California-based TPG Capital and Greenwich-headquartered L Catterton, on Saturday, said they will invest ₹4,546.80 crore and Rs1,894.50 crore, respectively, in Jio Platforms at an equity value of ₹ 4.91 trillion and an enterprise value of ₹ 5.16 trillion.Jim Coulter, co-chief executive officer (CEO), TPG, said, “Jio is a disruptive industry leader that is empowering small businesses and consumers across India by providing.