Global Investors' Stakes in Jio Platforms Surge Since 2020 IPO
Meta-backed Jaadhu Holdings acquired a 9.98% stake in Jio Platforms in 2020 for about Rs 43,574 crore. At the IPO price, its shares are now valued at approximately Rs 99,846 crore. Google, which invested Rs 33,737 crore for a 7.73% stake, has seen its holding's value rise to around Rs 77,307 crore.
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