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L Catterton To Invest Rs 1894.50 Crore In Jio Platforms

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Jio Platforms Limited (Jio Platforms), has seen fresh an investment of Rs 1894.50 crore by L Catterton, one of the world's largest consumer focused private equity firms.

This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

L Catterton's investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis. With this investment, Jio Platforms has raised Rs 104,326.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton since April 22, 2020.

L Catterton To Invest Rs 1894.50 Crore In Jio Platforms
 
Read more about: jio
Story first published: Sunday, June 14, 2020, 7:33 [IST]
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