Tag Archives: ant financial

JioMart, the e-commerce venture from India’s richest man, launches in additional cities

The reasoning behind the deluge of dollars flooding into billionaire Mukesh Ambani’’ s Reliance Jio Platforms is starting to end up being more clear as his e-commerce endeavor JioMart begins presenting to more individuals throughout India. An e-commerce endeavor in between the country’’ s leading telecom operator Jio Platforms and leading retail chain Jio Retail, […]

Silver Lake to invest $747M in India’s Jio Platforms

Weeks after Facebook invested $5.7 billion in Jio Platforms , India’s leading telecom operator, personal equity company Silver Lake is doing the same — — and wants to pay a premium for it. Silver Lake revealed on Monday it will be investing 56.56 billion Indian rupees (about $746.8 million) in Jio Platforms for about 1.15% […]