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. This investment values Jio Platforms at an equity … Continue reading "Silver Lake to invest 5,655 crore in Jio Platforms"
Sunday, 3 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. This investment values Jio Platforms at an equity … Continue reading "Silver Lake to invest 5,655 crore in Jio Platforms"
