India’s richest man built a telecom operator everyone wants a piece of
https://techcrunch.com/2020/06/01/indias-richest-man-built-a-telecom-operator-everyone-wants-a-piece-of/
As investors’ appetites sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity firms.
The major deals for Reliance Jo Platforms have sparked a sudden interest among analysts, executives and readers at a time when many are skeptical of similar big check sizes that some investors wrote to several young startups, many of which are today struggling to make sense of their finances.