Comment on Intel invests $253 million in India’s Reliance Jio Platforms

Intel invests $253 million in India’s Reliance Jio Platforms

Intel Capital, the investment arm of chipmaker Intel, has invested $253 million in India’s Reliance Jio in exchange for a 0.39% stake. This is the 12th investment in Reliance Jio in the last 11 weeks, taking the tally to $15.5 billion. Jio Platforms has raised more money in 2020 than all of India’s startups combined last year.

 

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