Reliance Industries today announced an investment of Rs 6598.38 crores from global growth equity firm General Atlantic which translates into a 1.34% equity stake in Jio Platforms on a fully diluted basis. The investments value Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Jio Platforms has now raised Rs 67,194.75 crore through strategic investments from Facebook, Vista Equity Partners, Silver Lake, and General Atlantic. Jio Platforms has been growing at a rapid pace with more than 388 million subscribers in a period of 4 years since its inception. The transaction is subject to regulatory approvals. "I am thrilled to welcome General Atlantic, a marquee global investor, as a valued partner. I have known General Atlantic for several decades and greatly admired it for its belief in India's huge growth potential.