Big deal: Mukesh Ambani is seen with his wife Neeta in a Reliance event in Mumbai. The billionaire has recently sealed a US$8bil deal in Jio’s digital unit. — AP
MUMBAI: The Saudi sovereign wealth fund and General Atlantic are among firms exploring investments in billionaire Mukesh Ambani’s digital business, as Asia’s richest man seeks to expand his operations outside oil and petrochemicals, sources said.
Saudi Arabia’s US$320bil Public Investment Fund is considering buying a minority stake in Reliance Industries Ltd’s Jio Platforms unit, according to the sources.
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