After Facebook, now Microsoft seeks stake in Jio Platforms

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Microsoft could become the latest global entity to seek a share of the Jio Platforms pie as the tech major is reportedly negotiating an investment worth $2 billion. Facebook and institutional investors have already pumped in over $10.3 billion dollars into the Mukesh Ambani-owned digital services company. 

A report in The Mint quotes sources close to the discussions to suggest that Microsoft, which had been discussing possible investments with several players in the digital services business, could acquire a 2.5% stake. Jio Platforms is a unit of India's most valuable company Reliance Industries.



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