1/n
Interesting take by @r0h1n :

In the later half of 2000s - there was a rush to announce investments in "INDIA" :

May, 2004: “SAP to invest 20 mn euro in Bangalore centre
Oct, 2005: “Cisco to invest $1.1 billion in India”
Dec, 2005: “Microsoft to invest $1.7 billion,
2/n

June, 2006: “IBM plans to invest $6 billion in India”
Aug, 2007: “Nokia to invest $100mn in India”
Oct, 2007: “Oracle India investment crosses $3 bn, sets up R&D unit”
Feb, 2008: “Intel to invest over $1 billion in India”
3/n

The explosive growth of 2007 born @Flipkart changed dynamics of investment in INDIA:

June, 2010: “Flipkart raises up to $10 mln frm Tiger Global”
Oct, 2011: “One97 Raises $10M In VC Funding Round”
Nov, 2008: “Myntra Raises $5 Million Frm NEA-IndoUS, IDG Ventures India”
4/n
Oct, 2014: “Snapdeal raises $627 Million from SoftBank Group”
Apr, 2017: “Flipkart raises $1.4 billion frm Tencent, eBay and Microsoft”
Oct, 2019: “India Startup Oyo Raises $1.5 Billion at $10 Billion Valuation”
Nov, 2019: “Paytm raises $1 billion from SoftBank, Ant, others”
5/n

Rohin says : That phase started drawing to an end with the cratering of unicorn IPOs last year, followed by SoftBank’s numerous misadventures, and back in India, the relentless tightening of regulatory screws on startups and investments into startups.
6/n

Which, in many ways, paved the way for the third wave of announcements. Into just one company—Jio Platforms.

My take : Look at the next tweet & wonder if Jio Platforms is India & India is Ambani ?

Apr, 2020: “Facebook Invests $5.7 Billion in India’s Jio Platforms”
7/n

May, 2020: “Silver Lake To Invest $748M In India's Jio Platforms”
May, 2020: “Vista Follows Facebook Into India’s Jio With $1.5 Billion Digital Bet
May, 2020: “General Atlantic Invests $870 Million in India’s Reliance Jio”
8/n

May, 2020: “KKR Invests $1.5 Billion in Reliance’s Jio Platforms In Biggest Deal In Asia”
June, 2020: “Mubadala invests $1.2 billion in Jio Platforms”
June, 2020: “Abu Dhabi Sovereign Fund to Invest $1.2 Billion in Jio Platforms”
9/n

June, 2020: “TPG invests nearly $600Mn in Jio Platforms”
June, 2020: “L Catterton’s invests $250 Million In Jio Platforms”
June, 2020: “Saudi Arabia’s PIF invests $1.5bn in Jio Platforms”
June, 2020: “Silver Lake Invests Another $602 Million in Reliance’s Jio”
10/10
July, 2020: “Intel invests $253 million in India’s Reliance Jio Platforms”
July, 2020: “Qualcomm invests $97 million in Jio Platforms”.

The story lies somewhere between - skepticism & enthusiasm about Jio Platforms. It needs to be told.

We need to watch Jio closely.
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