Vista Equity to Invest Rs 11,367 crore in Jio Platform

Published on May 09, 2020
Current Context: Private equity firm Vista Equity is set to buy a 2.32% stake in Reliance’s Jio Platforms for Rs 11,367 crore.
Vista Equity to Invest Rs 11,367 crore in Jio Platform
  • This investment will make Vista the largest investor in Jio Platforms after Reliance Industries and Facebook.
  • After the investment by Vista Equity, Jio platforms will have an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Static Part: 

  • Headquarters of Vista Equity: Austin, Texas ,United States
  • CEO of Vista Equity: Robert F. Smith

Question: 

Q.1 Recently Vista Equity invested a 2.32% stake in which of the following organization in India?
a. Airtel
b.Vodafone
c. Idea
d. Reliance Jio

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