According to two people directly aware of the internal deliberations, it was Akash Ambani who led the discussions, travelling several times to the US, where Facebook is headquartered A crack team led by chairman Mukesh Ambani’s son Akash and trusted aide Manoj Modi, chief executive officer of Reliance Retail, were in the forefront of negotiations that resulted in the $5.6 billion investment in Reliance Jio by Facebook—a deal closed determinedly in the face of headwinds from the coronavirus pandemic.
According to two people directly aware of the internal deliberations, it was Akash Ambani who led the discussions, travelling several times to the US, where Facebook is headquartered, to steer the conversation.