After Facebook, Silver Lake Partners and Vista Equity Partners, Jio Platforms has a new marquee investor on its rolls. General Atlantic will invest Rs.6598 crore for a 1.34% percent stake in Jio Platforms. It may be recollected that Jio Platforms is the technology platform of Reliance digital business. This deal values Jio Platforms at equity value of Rs.492,000 crore and an enterprise value of Rs.517,000 crore. Cumulatively, now, Jio Platforms has raised Rs.67,000 in the last one month by selling an 14.8%. This deal is significant because it marks General Atlantic’s largest investment in Asia. Reliance will look to leverage General Atlantic’s global expertise and strategic insights across 40 years of technology investing. This is in line with the broad belief of the RIL group that has the potential to significantly accelerate the Indian economy and drive growth across the country. Out of the total investment in the telecom sector to the tune of Rs.83,626 crore in 2020, nearly 75% has gone to Reliance Jio alone.