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Saudi sovereign wealth fund PIF to invest Rs 11,367 cr in Jio Platforms for 2.32% stake

Updated : June 18, 2020 05:24 PM IST

PIF is the third sovereign wealth fund after Abu Dhabi Investment Authority and Mubadala Investment Company, to invest in Jio Platforms
PIF’s investment has been done at a similar valuation as some of the recent private equity investments

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