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L Catterton to invest Rs 1895 crore in Jio Platforms for 0.4% stake

Updated : June 15, 2020 11:08 AM IST

L Catterton is the largest consumer-focused private equity firm in the world, managing roughly $20 billion of equity investments globally
This series of fund raising by Jio Platforms comes in the midst of a global lockdown, underscoring India’s digital potential and the robustness of Jio’s business strategy

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