Q. What is the stake sold by Reliance Jio platform in 2020?
Answer:
22.38%
Notes: Jio Platforms Ltd. sold 22.38 percent stake worth Rs 1.04 trillion (US$ 14.75 billion) to ten global investors in a span of eight weeks under separate deals, involving Facebook, Silver Lake, Vista, General Atlantic, Mubadala, Abu Dhabi Investment Authority (ADIA), TPG Capital and L. Catterton. This is the largest continuous fundraise by any company in the world.