The two sides said on Wednesday that Facebook acquired $ 5.7 billion from the Geo digital platform for India's richest man, Mukesh Ambani  in a sign of one of the largest foreign investment in the country.

The deal will give the U.S. social media giant the 10 percent stake in Jio Platforms, part of Ambani's Reliance Industries empire.
And when the a deal was announced, Facebook said it wanted to link its WhatsApp force its a messaging company with Jio which is taking an increasing share of the online the sector to boost digital business.

India is the largest Facebook market with 400 million users.
A statement on Facebook said India is in the midst of one of the most dynamic social and economic transformations the world has ever seen driven by the rapid adoption of digital technologies.

Within four years Ambani had made the Geo Communications unit the country's largest mobile operator with 388 million subscribers. It marginalized competitors at low prices.
Jio Platforms provide internet and e-commerce services that benefit from a huge subscriber base.

Reliance said it wanted to increase the income of farmers  micro-entrepreneurs and other small businesses that are the cornerstone of the economy of 1.3 billion people.