InvestorQ : Why are global investors willing to give such a high valuation to Jio Platforms? It looks like large PE fund are falling over each other to buy a stake in?
Aashna Tripathi made post

Why are global investors willing to give such a high valuation to Jio Platforms? It looks like large PE fund are falling over each other to buy a stake in?

Answer
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Tisha Malhotra answered.
3 months ago


Broadly, global PE funds are looking at Jio Platforms as a worthy participation in the digital future of India at a time when transactions, interactions and even training is going increasingly digital. Jio today owns the best digital ecosystem in India which includes telecom, bandwidth, 5G, apps, platforms, ecommerce, social media, entertainment and content. COVID-19 gave a shot in the arm to digital foray and Jio is making the best of it. In the first round, RIL managed to rope in big names like Facebook, General Atlantic Partners, Silver Lakes and KKR and that is reason enough for other PE funds to get excited.