According to an official statement, Qualcomm Ventures' investment will amount into a 0.15% equity stake in Jio Platforms on a fully diluted basis.
The transaction was conducted at an equity value of 4.91 trillion rupees and an enterprise value of 5.16 trillion rupees.
Prior to this deal, Jio Platforms had around 1.17 trillion rupees from global investors including Facebook (FB), Silver Lake, Vista Equity Partners, General Atlantic, and KKR (KKR) among others since April.
Price: 92.51, Change: -0.74, Percent Change: -0.79
|Insider Trends: F5 Networks Insider Converts Option/...|
|Insider Trends: GrubHub Insider Exercises Options De...|
|Insider Trends: Insider at NCR Makes Shares Sale for...|
|Western New England Bancorp's Q3, 2020 and 2021 Earn...|
|Consensus Estimates for Wabash National's Q3, 2020, ...|