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Technology

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

  • Intel’s investment, Jio Platforms will have raised a total of 1.18 trillion rupees from investors.
Published July 3, 2020

BENGALURU: Reliance Industries Ltd (RELI.NS) said on Friday that Intel Corp (INTC.O) 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.

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