The conglomerate has raised Rs 1.15 lakh crore from tech investors across the world and sold a little less than a quarter of the firm's digital arm, Jio Platforms.
Jio has attracted investments from Facebook; six private equity companies namely General Atlantic, TPG, KKR, Silver Lake, L Catterton, Vista Equity Partners, two sovereign funds of Abu Dhabi -- Abu Dhabi Investment Authority and Mubadala Investment Company -- and Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF).
Apart from this, it has raised Rs 53,124.20 crore through a rights issue in the past 58 days.
Considering the last year's sale of 49 percent stake in fuel retailing venture to BP Plc of UK for Rs 7,000 crore, the total fund raised is in the tune of Rs 1.75 lakh crore, according to the company.
The RIL rights issue had been subscribed 1.59 times and it was not only the largest ever in India but also the largest in the world by a non-financial entity in the last 10 years, according to business daily Mint.
In the earlier session on Friday, the M-cap crossed Rs 11 lakh crore and the share price surged over 6 percent after chairman Mukesh Ambani announced that the conglomerate had become net debt-free.
On Thursday, Reliance Industries has sold a 2.32 percent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore. This year, the company’s stock has surged over 19 percent.
Meanwhile, Reliance Industries chairman and managing director Mukesh Ambani's net worth also soared to $64.5 billion. Ambani becomes the only Asian to enter the exclusive club of the world's top 10 richest people, as per the news agency Bloomberg.