May 23, 2020

KKR is Investing $1.5 billion in the Reliance Jio Platforms of India

Conclusion:

Mukesh Ambani’s Reliance Jio Platforms has decided to sell US equity company KKR a 2.32 percent stake in what is the fifth big transaction the top Indian telecom operator signed in just as many weeks.

KKR revealed on Friday that it would invest $1.5 billion in the largest Indian telecommunications provider, a subsidiary of India’s most admired corporation (Reliance Industries), joining fellow American investors Facebook, Silver Lake, Vista Venture Partners and General Atlantic who have made similar bets on Jio Platforms.

KKR ‘s funding, which has written checks over the past four decades to around 20 software firms like ByteDance and GoJek, is worth $65 billion for Reliance Jio Platforms. The announcement today further reflects Jio Platforms’ attractiveness to global investors searching for a slice of the world’s second-largest internet market, which has earned $10.35 billion over the past month by selling around 17 percent of its shares.

Ambani, the chairman and managing director of the oil-to-telecoms conglomerate Reliance Industries, which has invested over $30 billion to develop Jio Platforms, said the company looked forward to leveraging “KKR’s global platform, business experience, and operational skills to expand Jio further.”

India has emerged in recent years as one of the greatest global battlefields for Silicon Valley and Chinese companies aiming to attract the nation’s 1.3 billion people, most of whom remain without a Smartphone and internet access.

Like among others, Amazon, Google, Twitter, Microsoft, Xiaomi, and TikTok-parent Company ByteDance now list India as one of their biggest overseas markets. Nearly half a billion Indians came online for the first time in the last decade, thanks mainly to Reliance Jio, which has accrued more than 388 million subscribers.

Launched in the second half of 2016, Reliance Jio changed India’s telecommunications sector with cutting-edge broadband services and free voice calls, prompting incumbents like Airtel and Vodafone to increase their rates substantially to help subscribers and others to merge and leave the market.

Also Read: Facebook Says It Will Permanently Shift Tens Of Thousands Of Jobs To Remote Work

Jio Platforms, a subsidiary of Reliance Industries, runs the telecommunications company called Jio Infocomm which has become India’s largest telecom operator.

Reliance Jio Networks now operates a number of digital applications and services including JioSaavn music streaming service (which it claims will be public), live on-demand TV and payment systems, as well as Smartphones and broadband sector.

“Jio Platforms is a real indigenous next-generation technology pioneer in India, unrivaled in its ambition to bring technological innovations and services to a world undergoing a digital transformation, “said Henry Kravis, co-founder, and co-head of KKR in a statement.

The new capital should also help Ambani, India’s richest man; further, strengthen his last year’s investor commitment when he pledged to cut Reliance’s net debt from about $21 billion to zero by early 2021 — partly due to the investments he made to build Jio Platforms. The coronavirus epidemic has affected its main sector-oil refining and petrochemicals. Its net income fell by 37 percent in the quarter ended March 31.

Conclusion:

KKR’s dedication to helping leading technology firms in India and the Asia Pacific. This is the single largest (in equity terms) investment made so far from KKR’s Asia private equity firm.

Disclaimer

Hire Our Development Experts.

About `Author`

Akansha Pandey, Director of Sales at Fluper, is a leader in technology sales with a decade of experience. Known for her strategic approach, she excels in driving business growth and forging strong client relationships. Akansha's expertise lies in consultative selling, team leadership, and exceeding revenue targets. Passionate about mentoring, she enjoys sharing insights with aspiring sales professionals.

Akansha Pandey

Our Blogs & Tech Events

Expanding Expertise via Global Mobile & `Technology Conference` Participation

We attend leading mobile technology events worldwide, exploring innovations, networking with experts, and showcasing our development expertise.

How Much Does It Cost To Develop An App In Abu Dhabi?

Mobile apps are vital for businesses in Abu Dhabi, helping customers shop, book services, pay, and connect easily via smartphones.

February 16, 2026
By : Fluper Team

Airbnb Clone App Development: Features, Cost & Tech Stack

The vacation rental business in the global world has transformed the way people travel, invest and earn.

February 20, 2026
By : Fluper Team

How to Build a Video Chat App Like Chamet in 2026

The live video chat industry is not slowing down. In reality, it is growing faster
than ever.

February 27, 2026
By : Fluper Team

Festival

Expansion

Interviews

Client's Testimonial

We’ve been lucky to collaborate and deliver transformation
with a long list of overseas clients.

We partnered with Fluper to upgrade the Talabat app, and the experience was excellent. Their team delivered strong technical expertise, clear communication, and timely execution. The updated app is faster, more stable, and provides a smoother user experience, boosting engagement and performance. Fluper is a reliable partner for digital growth.

Saeed Ahmad

Product & Delivery Ops, Talabat

Hello to all my lovely friends and the Fluper family. Wishing you a very happy anniversary! From the bottom of my heart, I wish you great success and a bright future ahead. It’s been a wonderful experience working with you and being treated like family. Keep up the amazing work. Congratulations once again! Your loyal customer.

Mohammed Zainab

Co- Founder, Foodora

We got in touch with Fluper to build an app for my taxi project. It was really tough to choose a perfect partner for my app; however, I found Fluper the best choice. From project coordinators to developers, everyone was so supportive. The team has even gave me a lot of feedback to improvise my idea. It was really great working with them.

Anthony Tan

Owner at Grab Taxi App

We connected with Fluper to design an app for Dubizzle, and choosing them proved to be a great decision. Their team demonstrated strong expertise, creativity, and professionalism throughout the process. They helped elevate our business to the next level with a well-designed, user-friendly app that perfectly matched our vision and goals.

Maria smith

Sales Marketing Manager at dubizzle

Our Global Presence

500+

Startups

300+

SMEs

200+

Enterprises

We Built

1000+

Brands Globally

30+

Countries Served

Office Address

Fluper is Not Only an Idea But
A Dream to Meet Business Needs

After launch, the solution drove significant revenue growth and positive customer feedback. Fluper’s commitment to quality, timely delivery, and competitive pricing made the partnership both successful and rewarding.

Robert Hug

Central Ops

Fluper’s deliverables drove a clear sales boost soon after launch. Their team was responsive, punctual, and proactive, providing valuable insights that strengthened the original specs and improved overall product quality.

Mohammed Zainab

Product Specialist

Fluper stands out as a leading web and mobile app development company. Their structured strategy, milestone-driven execution, and unwavering focus on quality made the collaboration highly productive and results-driven.

Karim Ahmed

Operationas Manager

Fluper’s app reached millions of downloads and earned excellent user feedback. They delivered high-quality results on time, welcomed input, and showed a cooperative, strategic, innovation-driven approach.

Sajid Mohammed

Operations Head

Fluper exceeded expectations with professionalism, adaptability, and technical excellence. They aligned with our vision, met performance goals, resolved issues swiftly, and delivered a highly functional, scalable app.

Ben Robertson

Biz Ops & Strategy

Fluper transformed our food delivery app vision into reality with seamless functionality and an intuitive design. Their team was professional, responsive, and delivered on time. Thanks to Fluper, our customer engagement.

Abdulla Ellyas

Ops & Delivery

Crafted for Growth

Our Global Clients

375+ Certified Developers!

Delivering Digital Success

Crafting Digital Solutions that Inspire

Luxury real estate developments in Dubai.

UAE's Premier Social Networking Platform

Order food online from top restaurants.

Ride-hailing made easy, safe, and affordable.

Shop now, pay later with flexible options.

Your Free Movie and TV Night, Every Night.

Trusted automotive solutions, driving excellence.

Transformed the transport landscape in the city.

Personalized banking experiences, for financial.

Transforming Virtual Healthcare Solutions Globally

Discover and book top tours, and activities.

Simplifying Daily Services

Seamless Video Streaming

Redefining Turkey’s Real Estate

May 23, 2020

KKR is Investing $1.5 billion in the Reliance Jio Platforms of India

Table of Contents

Conclusion:

Hire Our Development Experts.

About Author

Akansha Pandey

Expanding Expertise via Global Mobile & Technology Conference Participation

How Much Does It Cost To Develop An App In Abu Dhabi?

Airbnb Clone App Development: Features, Cost & Tech Stack

How to Build a Video Chat App Like Chamet in 2026

What Makes Fluper Different?

16+ Years

50+

Industries Served

24*7

Support & Maintenance

Guaranteed Project Delivery – On Time, On Budget, Every Time.

15 Million+

User Enagagement

Client's Testimonial

Launch your Million Dollar Business Idea Into a Successful Growth Story.

Free Marketing

2.5 Year Post Launch Assistance

Money Back Guarantee

Real-Time tracking & Support

Schedule Call

Our Global Presence

500+

Startups

300+

SMEs

200+

Enterprises

We Built

1000+

Brands Globally

30+

Countries Served

Office Address

Call Fluper

Drop An Email

Whatsapp Fluper

Office Address

Call Fluper

Drop An Email

Whatsapp Fluper

Office Address

Drop An Email

Call Fluper

Whatsapp Fluper

Office Address

Call Fluper

Drop An Email

Whatsapp Fluper

Office Address

Call Fluper

Drop An Email

Whatsapp Fluper

Office Address

Call Fluper

Crafted for `Growth`

Our Global `Clients`

`375+` Certified Developers!

About `Author`

Expanding Expertise via Global Mobile & `Technology Conference` Participation

Support &
Maintenance

Guaranteed Project
Delivery – On Time,
On Budget, Every Time.

#1 ICT Services &
Solutions Provider

Fluper is Not Only an Idea But
A Dream to Meet Business Needs

Let’s `Talk!`

Fluper is Not Only an Idea But
A Dream to Meet Business Needs

Let’s `Talk!`