July 2020 \ Business & Investment \ BUSINESS AND GOVERNANCE—JIO PLATFORMS
Jio platforms—world’s largest continuous fund raising

Jio Platforms has crossed Rs 1 lakh crore in the largest continuous ...

                                                                 Mr Jim Coulter

TPG’s investment is at a similar valuation to the other recent PE investments in Jio—equity valuation of Rs 4.91 Lakh crore and enterprise valuation of Rs 5.16 lakh crore. This investment is another strong endorsement of Jio’s tech capabilities, disruptive business model and secular long-term growth potential. TPG is a leading global alternative asset firm founded in 1992 with more than $79 billion of assets under management across a wide range of asset classes, including private equity, growth equity, real estate and public equity.




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