Jio got their fourth foreign investment in a row

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Reliance Jio Investments
Reliance Jio Investments

Reliance Jio got their fourth biggest investment in a row.

US private equity giant General Atlantic has invested $870 million (approximately Rs 6,698 crore).

It was Facebook, Silver lake Partners , Vista equity partners and now general Atlantic joins the club.

Jio is turning to be a profitable venture by the end of this year.

Reliance Jio net profits for the quarter was Rs 2,331 crore by March 31,2020.

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