PE Deals

TPG and L Catterton back Jio Platforms: Reuters

Jio Platforms, an Indian telecommunications company, has raised funding from TPG and L Catterton, reported Reuters.

-

Jio Platforms, an Indian telecommunications company, has raised funding from TPG and L Catterton, reported Reuters. TPG will buy a 0.93 percent stake in Jio Platforms for $598 million while L Catterton will pick up a 0.39 percent stake for $249 million.

Source: Reuters