Reliance Jio raises Rs 5,656 Cr from Silver Lake Days

Reliance Jio raises Rs 5,656 Cr from Silver Lake Days. California-based Silver Lake Partner is a private equity firm. It will raise Jio Platforms’ equity value to Rs 4.9 Lakh Cr. Recently, Facebook agreed to buy 9.99% equity stock in Reliance Jio. Silver Lake Partner has investments in firms like Airbnb, Alibaba, Ant Financial and more.

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