June 5, 2020 (United Arab Emirates)
Bloomberg has reported that Abu Dhabi based Sovereign Wealth Fund Mubadala will acquire a 2.33% stake in Jio, India’s leading digital services platform, for an estimated $1.2 billion.
Mubadala established its Ventures arm in 2017 to partner with visionary founders in support of innovative businesses. Mubadala’s Ventures manages a number of venture funds focused on the US, Europe, and the Middle East. The funds invest in high growth companies with pioneering technologies
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