Impressed with its mass consumer reach, Silver Lake invests Rs 5,655.75 crore in Jio Platforms
New Delhi, May 4 -- Technology investment firm Silver Lake will invest Rs. 5,655.75 crore into Jio Platforms. This investment follows Facebook's trust in Reliance Industries Limited and Jio Platforms Limited which was announced a fortnight back.
Silver Lakes's 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 equity valuation of the Facebook investment. The transaction is subject to regulatory and other customary approvals.
Silver Lake is the global leader in technology investing, with about $39 billion in combined assets under management and committed capital and a team of approximately 100 investment and value creation professi...
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