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Jio Round 4, General Atlantic, for $870m goes to... Paul Weiss (it’s not possible to spoiler the rest)

For the fourth consecutive record-busting investment in everyone’s darling, all of which have had AZB and SAM on it (see Facebook, Silver Lake, Vista), no prizes for guessing who got this round in law firm land.

However, international law firms seem to all be getting a good stab at representation, with Paul Weiss drafted into this round for General Atlantic.

AZB & Partners acted for Reliance Industries and Jio Platforms, with the charge led by partner Ashwath Rau, with partner Nilanjana Singh and associates Sidhant Chandalia, Amitabh Robin Singh, Kanika Mishra and Vyjayanthi Raghu. Competition law advice was provided by partner Bharat Budholia and senior associate Gaurav Bansal.

Shardul Amarchand Mangaldas acted for General Atlantic led by partner Raghubir Menon, with partners Natashaa Shroff and Sakshi Mehra.

Paul Weiss acted as international counsel for General Atlantic.

Davis Polk acted for Reliance Industries on non-Indian laws.

India’s Reliance Industries (RELI.NS) on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8 billion in less than a month. — Reuters

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