Jio Platforms set to invest $200 million in Kalaari Capital
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 closed a $100-million infusion, with an additional commitment of $100 million slated for later, said another person aware of the group's plans to deepen its footprint in India’s burgeoning technology sector.
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