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Reliance looks to raise $2 bn via Jio fibre arm’s InvIT offering

By Aman MalikAnkit Doshi

  • 30 Sep 2020
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Reliance looks to raise $2 bn via Jio fibre arm’s InvIT offering
Credit: VCCircle

Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) aims to raise Rs 14,706 crore ($2 billion) by offering units in an infrastructure investment trust (InvIT) that controls its digital fibre unit to institutional investors.  The Digital Fibre Infrastructure Trust, which is sponsored by RIL subsidiary Reliance Industrial Investments and Holdings Ltd, is ......

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