Reliance Industries is in active talks with Kohlberg Kravis Roberts (KKR) to raise up to $1 billion by selling a stake in Jio Platforms. The deal is expected to be completed in the coming weeks. Recent deals of KKR include an investment of $750million in Coty and $204 million in the Shapoorji Pallonji group's solar assets. Last week, Reliance Jio had announced an investment of $870 million by General Atlantic. Earlier, Jio had announced a deal with Silver Lake and Vista Equity Partners worth $747 million and $1.5 billion respectively. It all began with the $5.7 billion deal with Facebook for 9.99%. The overall purpose of these monetization is to make RIL a zero-net debt company by 2021 March. However, the rights monies are payable in instalments till November 2021 so RIL may be looking to monetize more of Jio Platforms in the meanwhile.