India: Abu Dhabi's Mubadala said to be in talks to invest $1b in Reliance's Jio Platforms

In another major vote of confidence for Mukesh Ambani’s digital strategy, Abu Dhabi-based sovereign fund manager Mubadala Investment Company has begun discussions to invest about $1 billion in Reliance Industries Ltd’s digital assets subsidiary Jio Platforms Ltd, said two people aware of the development.