In less than three weeks, the digital unit of Reliance Industries has been able to raise over Rs 60,500 crore rupees from leading technology investors. Experts believe such diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity. As for Reliance Industries, these deals will give it the much-needed impetus to expand its digital services at a time when the global economies are reeling under recessionary pressures. These will also provide a big boost to the government’s ‘Digital India’ dream. In this edition of Big Story, Moneycontrol's Sakshi Batra shares her insight on the deals done by Reliance Industries and how the company has changed the game in the digital market.
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
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