Thursday, May 21, 2020

KKR to invest $1.5B in Reliance Jio for a 2.32% stake; this is Reliance Jio's fifth major raise in just as many weeks (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
KKR to invest $1.5B in Reliance Jio for a 2.32% stake; this is Reliance Jio's fifth major raise in just as many weeks  —  Mukesh Ambani's Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major investment in the top Indian telecom firm in just as many weeks.



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PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which improves e-commerce UX; Everstone bought Wingify for $200M (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which...