This investment by Facebook values Jio Platforms at 65.95 billion U.S. dollar pre-money enterprise value, assuming a conversion rate of 70 Indian rupees to a U.S. dollar, the statement said.
Launched in 2016, Jio has built a digital platform powered by leading technologies such as Broadband connectivity, Smart Devices, Cloud and Edge Computing, Big Data Analytics, Artificial Intelligence, Internet of Things, Augmented and Mixed Reality and Blockchain.
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