Indian oil-to-telecoms conglomerate Reliance Industries raised a total of 64.4 billion Indian rupees ($847 million) from the sale of two stakes in its digital unit Jio Platforms, the group said on Saturday.
Global investment firm TPG will buy a 0.93% stake for $598 million, while private equity firm L Catterton will pick up a 0.39% stake for $249 million, Reliance said.