Abu Dhabi state fund Mubadala Investment Company is reportedly in discussions to invest around $1 billion in Jio platforms.

As per industry sources, talks are on with Mubadala Investment Company for a possible stake sale in Jio Platforms. However, details have not been shared yet.

Jio Platforms has recently attracted investments worth $10 billion from marquee investors, including Facebook Inc., KKR & Co., Silver Lake, Vista Equity Partners and General Atlantic.