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via economictimes.indiatimes.comCapital Markets

How global investors' stakes in Jio have grown since 2020

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Meta-backed Jaadhu Holdings, which acquired a 9.98% stake in Jio Platforms for around Rs 43,574 crore in 2020, now holds shares valued at around Rs 99,846 crore at the IPO price. Google, which invested around Rs 33,737 crore for a 7.73% stake, has seen the value of its holding…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe rise in stake values highlights investor returns around the Jio IPO.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Jaadhu Holdings acquired a 9.98% stake in Jio Platforms in 2020.
  2. 02Google invested around Rs 33,737 crore for a 7.73% stake.
  3. 03The stake values have risen at the IPO price.

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