Jio is the fast growing communication network in india with more than 300 million subscribers. According to bloomberg google is in talks with investing $ 4 billion into Indias telecom provider Jio. According to the report google is yet to give a confirm in coming weeks.
Other major tech firms have already investments in Jio platforms. In April facebook invested $ 5.7 billion, Qualcomm has announced $ 100 million during this week, Saudia Arabia’s Public Investment Fund, KKR, Vista Vista Equity Partners, and many others have invested billions.
The Reliance has made a internet revolution by proving free and cheap 4G data. As Business insider previously reported that flooding of new indian users in internet has throwed famous youtuber PewDiePie as the top creator. Reliance Chairman Mukesh Ambani is the sixth richest man in the world.
The funding is look forward with a slay of google initiatives in india. Sundar Pichai, CEO Google has recently invested $ 10 billion into the country during a video call recently.
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