10 Deals and a total of 1.04 Lakh Crore raised in Reliance Jio Platforms in 52 days - 3 Indian and 7 Foreign Law Firms involved

Reliance Industries digital arm Jio Platforms has raised 1.04 Lakh Crore in the last 52 days from nine investors.On June 13, Jio Platforms got two news investors - TPG and L Catterton.TPG is investing Rs. 4,546.80 crore in Reliance Industries digital arm Jio Platforms for 0.93% stake and PE firm L Catterton is investing Rs.1,895 crore for 0.39%..Earlier this week, Abu Dhabi Investment Authority (ADIA) invested 5,863.50 crore for 1.16% stake. .AZB & Partners and Davis Polk & Wardwell acted for Jio Platforms on all three deals that got closed this week.AZB & Partners team was led by Partners Ashwath Rau and Nilanjana Singh.Davis Polk team was led by Partner Jeffrey O’Brien..Shardul Amarchand Mangaldas & Co acted for all three investors - ADIA, TPG and L Catterton.The SAM team was led by Partners Raghubir Menon, Sakshi Mehra and Natashaa Shroff. Partner Iqbal Khan also acted on TPG deal and Partner Roopal Kulrestha acted on L Catterton along with the core team of Partners.Kirkland & Ellis acted for L Catterton and the team included Partners Michael Rackham, Daniel Dusek, Christopher Braunack and Jennifer Feng, along with Candice Kwok and Yusra Raheem..3 Indian Law Firms and 7 Foreign Law Firms.AZB and Davis Polk represented Jio in all the 10 fundraisers helping Reliance raise Rs. 1,04,327 Crores (~$ 15 Billion) for a 22.38% stake. .AZB Mumbai has been the Indian law firm representing Reliance in most of the key transactions. Davis Polk London office has been the Foreign law firm that has led all the deals completed by Jio. Davis Polk Partner Jeffrey O’Brien has been a go-to Partner for Reliance in all big deals including the recently concluded Joint Venture between BP oil..The SAM team represented the 9 investors out of the 10 investments completed in the last 52 days, with only one deal being represented by Nishit Desai. .Almost all investors from Facebook to L Catterton (except Mubadala) were represented by the Raghubir Menon at Shardul Amarchand Mangaldas. Facebook's investment in Jio is hailed as the largest FDI ever for minority investment in India..Deals since April, 2020.Earlier, Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala invested in Jio Platforms..US social media major Facebook invested Rs. 43,574 crore (USD 5.7 billion) into Jio Platforms for a 9.99% stake..SAM, AZB, Hogan, Davis Polk lead on Facebook 43,574 crores investment in Jio Platforms.Private Equity firm Silver Lake in the first round had invested Rs. 5,656 crores ($746.74 million) in Jio Platforms. In the second round, it invested another Rs 4,546.8 crores..After 43k crore Facebook investment, PE Silver Lake invests 5,656 crore in Jio Platforms as AZB, SAM lead.Private equity firm Vista Equity Partners has invested Rs. 11,367 crore for a 2.32% stake in Jio Platforms..Hat-Trick: AZB, SAM act on third investment in Jio Platforms with Vista Equity Partners picking 2.32% stake for Rs 11,367 crore.General Atlantic, US investment firm, will be investing ₹6,598.38 crore in Reliance owned Jio Platforms for 1.34% stake..AZB, SAM, Davis Polk, Paul Weiss on Reliance Jio - General Atlantic Deal: Raises 6,600 crore for 1.34%.KKR, the global investment firm based in New York, is the fifth investor to invest Rs. 11,367 crores in Jio Platforms, the digital subsidiary of Reliance Industries Ltd for a 2.32% stake..Round Five: AZB, SAM, Davis Polk, Simpson Thacher lead on KKR Rs. 11,367 crores investment in Jio Platforms.Abu Dhabi-based sovereign investor Mubadala Investment Company invested ₹9,093.60 crore in Jio Platforms to buy 1.85% stake..Sixer: AZB, NDA, Davis Polk, Skadden lead as Mubadala invests Rs 9,094 crore in Jio Platforms; 92,902 crores raised for 19.99% in 45 days