Silver Lake to invest Rs 7,500 crore in Reliance Retail
NEW DELHI:Reliance Industries Limited (RIL) on Wednesday announced that Silver Lake will invest Rs 7,500 crore into Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore. Silver Lake’s investment will translate into a 1.75% equity stake in RRVL on a […]
Byju’s raises Rs 3,689 crore in Silver Lake-led funding round
NEW DELHI:Leading edtech startup Byju’s has raised $500 million (approximately Rs 3,689 crore) in a new funding round led by global technology investment firm Silver Lake, a source familiar with the matter said on Tuesday. Existing investors Tiger Global, General Atlantic and Owl Ventures also participated in this round which put the edtech startup’s valuation […]
Silver Lake in talks to invest $1 billion in Reliance Retail
NEW DELHI: The investment, which would value Reliance Retail at about US$ 57 billion, comes as the company is aiming to sell about 10 percent in new shares, the Financial Times reported. Silver Lake is already an investor in Reliance Jio and aggregate investment by Silver Lake is Rs 10,202.55 crore for 2.08 percent equity […]
Silver Lake to invest Rs 4,546 crore more in Jio Platforms
NEW DELHI: Reliance Industries Limited and Jio Platforms Limited announced that Silver Lake and its co-investors will invest an additional Rs 4,546.80 crore in Jio Platforms, in addition to the Rs 5,655.75 crore of investment by Silver Lake announced on May 4, 2020. This brings the aggregate investment by Silver Lake and its co-investors to […]
Silver Lake to invest Rs 5,655 crore in RIL’s Jio Platforms
NEW DELHI: Reliance Industries Limited (RIL) and Jio Platforms Limited (Jio Platforms) announced today that Silver Lake will invest Rs 5,655.75 crore into Jio Platforms. This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5% premium to the […]