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Abu Dhabi state fund in talks to invest $1 bn in Jio Platforms: Report

Jio Platforms has secured $10 billion from investors including Facebook Inc within a month

jio, reliance, ril
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Reliance did not immediately respond to a request for comment

Reuters New Delhi
Abu Dhabi state fund Mubadala Investment Company is in talks to invest about $1 billion in Reliance Industries' digital unit Jio platforms, three sources said on Thursday.

Jio Platforms, which houses music and movie apps as well a Reliance's telecoms venture Jio Infocomm, has secured a massive $10 billion from investors including Facebook Inc within a month.


Reliance did not immediately respond to a request for comment.

"Clearly Jio's platform is attracting a wide range of world-class investors, given its enormous potential to