Saudi Arabia's Public Investment Fund looks to invest up to $1 billion in Jio's fibre assets

ADIA and PIF have contributed a total $2.2 billion to Jio Platform's $20.8 billion fundraise that saw 13 investors, led by Facebook, coming on board in less than three months. A fibre deal could further strengthen ties between the Kingdom and India's biggest company.

from Tech-Economic Times
via IFTTT