Jio Platforms had blazed a spectacular trail by raising over 15.5 billion dollars (Rs 117,588.45 crore) in the peak lockdown period with 11 different investors committing themselves to various amounts of investments in the Mukesh Ambani-helmed company.
And those committed investments have started flowing into Jio Platforms.
Today, the holding company Reliance Industries, in a press release, said: "We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidiary of the Company, received the subscription amounts from the following investors and allotted equity shares to them."Â
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Facebook has paid its subscrition amount
Earlier this week, Facebook's entity Jaadhu Holdings LLC paid the subscription amount of Rs. 43,574 crore to Jio Platforms Ltd for a 9.99% stake in the latter.
The Facebook deal was the first to be announced in April after which 11 more investment deals were signed by Jio Platforms. The deal was approved by the Competition Commission of India on 24 June.
Along with  Facebook, the other investors in Jio Platforms include Silver Lake (1 and 2), KKR, Vista Equity Partners, General Atlantic, Mubadala, Abu Dhabi Investment Authority, TPG,  L Catterton and PIF.
Intel Capital, the investment arm of US-based semiconductor giant Intel, was the last big investor in Jio Platforms. It chipped in with Rs 1,894.50 crore last week.
