Categories: Business

Qualcomm Ventures acquires 0.15% stake in Jio Platforms

Qualcomm Ventures has acquired 0.15% stakes in Jio Platforms. The Reliance Industries (RIL) announced the sale of 0.15% stake in Jio Platforms to Qualcomm Ventures. The transaction costed Rs 730 crores to the Qualcomm Ventures.

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

Jio Platforms Limited is a subsidiary of Reliance Industries Limited and runs digital applications and holds controlling investments in technology related units. It exists under the laws of the Republic of India and aims to provide high-quality and affordable digital services across India.

Qualcomm Ventures is a global fund of Qualcomm that invests in pioneering companies across the wireless ecosystem in various areas such as 5G, Artificial intelligence (AI), Internet of things (IoT), automotive, networking as well as enterprise.

Important takeaways for all competitive exams:

  • Chief Executive Officer (CEO) of Qualcomm: Steve Mollenkopf.

Find More Business News Here

Recent Posts

In Which State is Wayanad Wildlife Sanctuary Located?

The Wayanad Wildlife Sanctuary is a well-known forest area in India that is famous for…

6 hours ago

NITI AAYOG Launched Unlocking $25+ Billion Export Potential Report

NITI Aayog launched a report titled ‘Unlocking $25+ Billion Export Potential - India’s Hand &…

7 hours ago

Justice BR Gavai Next CJI of India as Successor to Chief Justice Sanjiv Khanna

On April 16, 2025, Chief Justice of India (CJI) Sanjiv Khanna named Justice B R…

7 hours ago

In Which State is Grizzled Squirrel Wildlife Sanctuary Located?

The Grizzled Squirrel Wildlife Sanctuary is a protected area in India that was created to…

7 hours ago

Defence Literature Festival ‘Kalam & Kavach 2.0’

The Centre for Joint Warfare Studies (CENJOWS), under the aegis of the Headquarters Integrated Defence…

7 hours ago

Banaras Shehnai Get Recognition of GI Tag

The recent conferment of the Geographical Indication (GI) tag to the Banaras Shehnai is a…

7 hours ago