Google is the latest foreign investor in Reliance’s digital arm — Jio Platforms. The search giant is investing Rs 33,737 crore for a 7.7 percent stake in Jio. This makes Google the second-largest minority shareholder in the company after Facebook. It also takes the total investment from financial and strategic investors into Jio Platforms to Rs 1,52,056 crore for equity dilution of 33 percent. The Google-Jio partnership will expand the benefits of digitisation across the length and breadth of India, beyond the current 500 million-plus internet users in the country.

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