Reliance Industries Limited, Jio Platforms Limited, and Facebook, Inc. today announced the signing of binding agreements for an investment of ₹ 43574 crores by Facebook into Jio Platforms.
Jio Platforms, a wholly-owned subsidiary of Reliance Industries Ltd, houses digital services of the group. Reliance Jio Infocomm Ltd, with 388 million subscribers, is a wholly-owned subsidiary of Jio Platforms.