Ambani’s Jio Adds Intel Backing With $253 Million Stake Sale
A billboard advertisement for Reliance Jio, the mobile network of Reliance Industries Ltd., is displayed in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Ambani’s Jio Adds Intel Backing With $253 Million Stake Sale

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(Bloomberg) -- The technology venture of billionaire Mukesh Ambani secured 18.95 billion rupees ($253 million) from Intel Capital, adding to a slew of investments since April that have reached more...
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