Jio Platforms is reportedly planning to invest up to $200 million in the domestic venture capital fund Kalaari Capital.
As per industry sources, Jio has already infused $100 million into the VC firm up until now and an additional commitment of $100 million is slated for later.
Jio Platform’s fund infusion into Kalaari Capital has come in the backdrop of some of Kalaari’s portfolio companies, such as Urban Ladder and Zivame, getting acquired by units of Reliance Industries.
