28th January 2023

Confidant Classes

Competitors' very first choice

Home | Edu NEWS | VISTA TO INVEST Rs. 11,367 CRORE IN JIO PLATFORMS

VISTA TO INVEST Rs. 11,367 CRORE IN JIO PLATFORMS

Reliance Industries Limited and Jio Platforms Limited announced today that Vista Equity Partners will invest rupees. Rs 11.367 million on Jio platforms. This investment values the Jio platforms at a capital value of Rs. 4.91  lakh crore and a commercial value of Rs. 5.16 lakh crore. Vista’s investment will translate into a 2.32% stake in Jio Platforms on a fully diluted basis, making Vista the largest investor in Jio Platforms behind Reliance Industries and Facebook. Jio Platforms has now raised Rs. 60,596.37 crore from leading technology investors in less than three weeks.

Vista is a leading global investment company focused on empowering and growing enterprise software, data and technology companies that are reinventing industries and catalyzing change. Vista has more than $ 57 billion in accumulated capital commitments and its global network of companies collectively represents the fifth largest enterprise software company in the world. With 20 years of experience investing exclusively in enterprise software, Vista believes that the transformative power of technology is the key to an even better future: a healthier planet, a smarter economy, a diverse and inclusive community and a wider path. towards prosperity. Currently, Vista’s portfolio companies have a significant presence in India with more than 13,000 employees. This Vista investment, which focuses exclusively on enterprise software, enterprise, and data-driven technologies, is further testimony to the world-class digital platform that Jio has built, powered by cutting-edge technologies such as as broadband connectivity, smart devices, Cloud and Edge Computing, Big Data Analytics, Artificial Intelligence, Internet of Things, Augmented and Mixed Reality and Blockchain.

RIL is the largest private sector company in India, with consolidated turnover of 659,205 INR crore ($ 87.1 billion), cash profit of INR 71,446 crore ($ 9.4 billion) and a net profit of 39,880 INR crores ($ 5.3 billion) for the year ended March 31, 2020. RIL’s activities include the exploration and production of hydrocarbons, the refining and marketing of petroleum, petrochemicals, retail and digital services. RIL is the highest ranked company in India that is on the Fortune Global 500 list of “the world’s largest companies”, currently ranking 106th in terms of revenue and profits. The company is ranked 71 in the “Forbes Global 2000” ranking for 2019, the highest among Indian companies. It ranks 10th among LinkedIn’s “best companies to work for in India” (2019).

Jio Platforms Limited provides connectivity to over 388 million subscribers in India. Jio’s vision is to enable a Digital India for 1.3 billion people and businesses throughout India, especially small merchants, micro-businesses and farmers. Jio has brought transformational changes in the Indian digital services space and propelled India on the path towards becoming a global technology leader and among the leading digital economies in the world.

Judiciary FAQ’s Download

WWW.CONFIDANTCLASSES.IN-1Download
Read More

List of State Governments that Grant Educational Loans for Study Abroad

Study-Abroad Whether it is in Canada, the US, Australia or even the Ukraine, studying abroad is a difficult task to…
Read More
List of State Governments that Grant Educational Loans for Study Abroad

UGC NET December 2022: NTA sets upper age limit for JRF

UGC NET December 2022 The NTA has decided that the deadline for determining the upper age limit for applying for…
Read More
UGC NET December 2022: NTA sets upper age limit for JRF

Foreign Universities Indian Campuses

Foreign-Universities-Indian-Campuses All foreign universities opening their branches in India will be able to conduct courses offline only. UGC Chairman, Mr….
Read More
Foreign Universities Indian Campuses

GUJCET 2023

GUJCET-2023 Gujrat Common Entrance Test (GUJCET) 2023, Registration starts on 6th January 2023. Interested candidates can check the eligibility criteria…
Read More
GUJCET 2023

LSAT-India January 2023

LSAT-India January 2023: The deadline to register for LSAT-India is 11 January 2023. Candidates can register at pearsonvueindia.com LSAT-India January…
Read More
LSAT-India January 2023

Make CUET-PG mandatory for admissions for the next academic session- M Jagadesh Kumar

Delhi University has already announced that it will adopt CUET UG and PG for admission to all courses, in all…
Read More
Make CUET-PG mandatory for admissions for the next academic session- M Jagadesh Kumar

All  DU admissions  will be based on the CUET UG, PG score of the next academic year

DU Admissions: Previously, the university conducted its own entrance exam (DUET) for admission to graduate courses. Prepare-for-CLAT-AILET-DULLB DU Admissions: The…
Read More
All  DU admissions  will be based on the CUET UG, PG score of the next academic year

List of Scholarships Provided by Government of India for Study Abroad

Study-Abroad-Scolarships Ministry of Education provides financial assistance to Indian students for higher education abroad. Interested applicants can check the official…
Read More
List of Scholarships Provided by Government of India for Study Abroad

CLAT 2023 Exam Analysis

CLAT 2023 Exam Analysis: The Consortium of National Law Universities (NLU) held the Common Law Admissions Test on 18th December…
Read More
CLAT 2023 Exam Analysis

CBSE Board Exams Class 10, 12 from February 15

The data sheet was prepared by avoiding nearly 40,000 subject combinations to ensure that no two-subject combinations fall on the…
Read More
CBSE Board Exams Class 10, 12 from February 15

About Post Author

error

Enjoy this? Please spread the word :)