India, June 29 -- Tech investment in India continues to grow as companies around the globe look to monetize the opportunity to bring technology to more than 1-billion people. In April, Facebook announced that it was spending 5.7-billion dollars for a 10% stake in Jio Platforms. This is one of Facebook's largest single investment in the history of the company.

India's Jio Platforms is a technology subsidiary of Reliance Industries. The company focuses on next-generation technology delivering digital services across India. Its product, which is a data-centric 4G LTE network was launched in India in 2016. The company has the largest average revenue per user in the industry.

The deal between Jio and Facebook could accelerate the companies e...