KKR invests $1.5 billion in India’s Reliance Jio Platforms

6:52pm PDT - May 21st, 2020    the atlantic - TechCrunch

Mukesh Ambani’s Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major investment in the top Indian telecom firm in just as many weeks. On Friday, KKR announced it will invest $1.5 billion in the Indian top te…