The excitement continues to build at Jio Platforms after the Reliance Industries arm clinched four deals that saw it cumulatively raising more than Rs 67,000 crore.

Observers tracking RIL are now not ruling out the possibility of more such transactions in the digital services arm, but also in some of the units within it.

On Sunday, the Mukesh Ambani flagship had announced that Jio Platforms has raised Rs 6,598.38 crore with General Atlantic picking up a 1.38 per cent stake. It was the fourth transaction from technology investors, which included Facebook, Silver Lake Partners and Vista Equity Partners. Reliance has sold 14.8 per cent of Jio Platforms to these investors and strategic and financial investors are set to pick up 20 per cent.

While the RIL subsidiary houses all the digital services, including Reliance Jio Infocomm, experts feel that Ambani could also sell a partial stake in some of these individual entities.

Deven Choksey of KR Choksey Investment Managers, told a television channel that Jio Platform could also be listed on Nasdaq in the next 18-24 months at more than 50 percent higher valuations than those at the current levels. He added that there is also a possibility of Microsoft buying a stake in a joint venture company managing cloud services under Jio Platform.

At the end of the March quarter, Reliance had an outstanding debt of Rs 3,36,294 crore and cash in hand of Rs 1,75,259 crore. After adjusting cash, the net debt came to Rs 1,61,035 crore.

Meanwhile, the Rs 53,000 crore rights issue from RIL opened for subscription from Wednesday. On the BSE, shares of RIL settled nearly 2 per cent higher at Rs 1434.65..