After last month’s announcement from Facebook that said that it will buy 9.99% equity stake in Jio Platforms for $5.7 billion or INR 43,574 crore, today private equity firm Silver Lake has announced that it will invest Rs. 5,655.75 crore / US$ 747 million into Jio Platforms for 1.15% stake. This investment values Jio Platforms … Continue reading "Silver Lake to invest 5,655 crore in Jio Platforms"Monday, 25 May 2020
Silver Lake to invest 5,655 crore in Jio Platforms
After last month’s announcement from Facebook that said that it will buy 9.99% equity stake in Jio Platforms for $5.7 billion or INR 43,574 crore, today private equity firm Silver Lake has announced that it will invest Rs. 5,655.75 crore / US$ 747 million into Jio Platforms for 1.15% stake. This investment values Jio Platforms … Continue reading "Silver Lake to invest 5,655 crore in Jio Platforms"