Google also relies on Jio Platforms: 4.5 billion

There is a reality that more than others in recent weeks is attracting the attention and investments of the big names in the technological world: Jio Platforms. We wrote about it initially to report the launch of a platform dedicated to remote communication similar in features and functionality to Zoom, Meet and Teams, we went back to doing it in recent days due to the interest from Qualcomm. Google is now added to the list, which already includes Facebook and Intel.

India: from Google 4.5 billion dollars for Jio

The Mountain View group will allocate 4, $ 5 billion to the India-based company. The sum is part of that 10 billion Digitization Fund to support the country's growth and digitization. The stated objective is to extend the scope of connectivity services to the entire and enormous territory, thus contributing to breaking down the scourge of the digital divide which still afflicts a good part of it, especially in rural areas.

L The commercial agreement provides for the creation of an inexpensive smartphone based on an optimized version of Android and with the Play Store for downloading applications. An initiative that recalls that put in place over the years run with the Android Go project.

With the investment announced today, bigG reaches out to 7.73% of Jio Platforms, controlled by Reliance Industries, to date the largest private Indian company with a turnover of nearly 20 billion dollars and over 2 billion. Based in Mumbai and founded in the 1960s by the magnate Dhirubhai Ambani, it is now controlled by the richest man in the country, the eldest son Mukesh Ambani.

Source: Google