In one of the largest deals that has happened in the tech world, Facebook bought 10% stake in Reliance Jio this week. In an interview, the founder of Medianama and a technology rights activist, Nikhil Pahwa tells The Wire’s Mitali Mukherjee that no Indian startup has ever been valued at such a high price before.
The coming together of two giant companies like Facebook and Reliance is completely going to change the internet ecosystem in India forever. Watch the full interview to understand what are the upsides for both Reliance Jio and Facebook in this deal and why the Competition Commission of India must examine the deal for net neutrality.