Facebook invests $5.7B in Indian mobile carrier Reliance Jio to bring small businesses online

Facebook today announced that it investing ₹43,574 crores ($5.67 billion) into India’s biggest carrier, Reliance Jio, to pick up 9.99% stake in the company. It’s the social network’s biggest investment in the country till date. Last month, Financial Times reported that the social networking giant was in talks with Jio to make an investment. However, the…