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The Times of India
The Times of India
Business
PTI

Jio Platforms acquires 25% stake in Two Platforms for $15 million

NEW DELHI: Digital service company Jio Platforms on Friday announced an investment of $15 million in Silicon Valley-based deep tech startup Two Platforms for acquiring 25 per cent equity stake on a fully diluted basis.

Founded by former Samsung Technology and Advanced Research president and CEO Pranav Mistry, Two Platforms is an artificial reality company with focus on building interactive and immersional AI experiences.

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