Scoop: Jio Platforms set to invest $200 million in Kalaari Capital
Synopsis Jio Platforms’ investment in Vani Kola’s Kalaari Capital will give Reliance Industries an early line of sight into startups and upcoming sectors. ETtech Reliance Industries has closed a $100-million fund infusion into Kalaari Capital, with an additional commitment of $100 million slated for later. (Illustration: Rahul Awasthi/ETtech) Mumbai | Bengaluru: Reliance Industries’ Jio Platforms is finalising an investment of up to $200 million in domestic venture capital fund Kalaari Capital, according to two people in the know of the matter. The Mukesh Ambani-led conglomerate has clo...
Source: indiatimes.com