Intel to invest $253 million in Reliance’s digital unit

By Syndicated Content Jul 2, 2020 | 9:53 PM

BENGALURU (Reuters) – Reliance Industries Ltd said on Friday that Intel Corp would buy a 0.39% stake in its digital unit, Jio Platforms, for 18.95 billion rupees ($253.55 million).

Including Intel’s investment, Jio Platforms will have raised a total of 1.18 trillion rupees from investors.

(Reporting by Chris Thomas in Bengaluru; Editing by Devika Syamnath)

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Intel to invest $253 million in Reliance’s digital unit

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