What’s Happening in India?

European Straits #178

Hi, it’s Nicolas from The Family. Today, I’m discussing the shifting tech landscape in India and the lessons we can draw from it.

If, like me, you’re paying attention to tech, you’ve seen that India has emerged on the global radar recently. Specifically, Jio Platforms, India’s largest mobile network (owned by Mukesh Ambani’s Reliance Industries Ltd.), has been attracting a string of investments by prime brands such as Facebook ($5.7B), Silver Lake ($747M), Vista Equity Partners ($1.5B), General Atlantic ($870M), KKR ($1.5B), Mubadala ($1.2B), and the Abu Dhabi Investment Authority ($750M)—all over the course of 8 weeks 😮

My immediate reaction was that something BIG was going on in India, and that I should write something about it. I dug into my Evernote, and here’s a first round 👇