Global investment firm Silver Lake Partners to invest an additional Rs 1,875 crore in Reliance Retail Ventures, the retail arm of Reliance Industries Ltd (RIL), the company said in a press statement. “Reliance Industries Limited (‘Reliance Industries’) and Reliance Retail Ventures Limited (‘RRVL’) announced today that co-investors of Silver Lake will invest an additional Rs…
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that Silver Lake will invest ₹ 7,500 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.21 lakh crore. Silver Lake’s investment will translate into a 1.75% equity stake in RRVL on a fully diluted…
Reliance Industries Limited and Jio Platforms Limited announced that Silver Lake will invest ₹ 5,655.75 crore into Jio Platforms. “In the wake of the severe economic disruptions caused by the COVID-19 pandemic, globally and especially within India, this partnership with one of the most renowned tech-investors globally, Silver Lake, has special significance. Comprehensive digitisation will…
Airbnb, a community marketplace for people to list, discover, and book unique accommodations around the world online announced it has secured investment worth $1 billion from equity firms Silver Lake and Sixth Street Partners. The investment will bolster its finances at a time when the coronavirus outbreak has roiled the travel and leisure industry. The…