In 2013, it invested in Bangalore-based commodity trading and risk management software startup Eka. Jio Platforms, the technology arm of India’s most valued company, Reliance Industries (RIL), has raised Rs5,655.75 crore ($747 million) from US private equity giant Silver Lake. It’s now valued at about $65 billion. Private equity firm Silver Lake will invest ₹ 5,655 crore in Jio Platforms for an effective 1.1% stake at an equity value of ₹ 4.9 trillion, a 12.5% … Reliance Jio on Monday announced that the US-based equity firm Silver Lake would be investing a sum of ₹ 5,655.75 crore into Jio Platforms. American investment firm Silver Lake will invest Rs 5,655.75 crore in Reliance Jio platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore. Silver Lake's investment, at a 12.5 per cent premium to the equity valuation of the Facebook deal, gives it slightly more than a 1 per cent stake in Jio Platforms. This is the second tranche received by Reliance industries’ digital unit from Silver Lake in the last one month making its total bet in Jio to Rs 10,202.55 crore. Silver Lake’s new investment values Reliance Jio Platforms at an enterprise value of Rs 5.16 lakh crore, the company said in a filing. The latest deal 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…," said the statement. Mukesh Ambani has spent years trying to turn his inherited oil business into a tech empire. Silver Lake is a global technology investment firm, with approximately $75 billion in combined assets under management and committed capital and a team of investment and operating professionals based in Menlo Park, New York, London, Hong Kong, Cupertino and San Francisco. Private equity firm Silver Lake Partners will invest Rs 5,655.75 crore for 1.15 percent stake in Reliance Jio Platforms, the technology arm of Reliance Industries. Silver Lake’s additional investment will translate into a 2.08% equity stake in Jio on a fully diluted basis. This is the second investment Silver Lake is making in an Indian firm. U.S. investment firm Silver Lake has invested 56.56 billion Indian rupees ($746 million) into Indian digital services firm Jio Platforms Ltd, less … With Facebook recently announcing an investment of $5.7 billion in India’s mainstream telecom operator, Jio Platforms, the PE firm Silver Lake, is following suit and ready to pay a premium. Global tech investor Silver Lake has decided to invest Rs 5,655.75 crore in Reliance Industries Jio Platforms at an equity value of Rs 4.9 lakh crore and an enterprise value of Rs 5.15 lakh crore. Earlier this week, Silver Lake – a US-based private equity firm which invests in technology, technology-enabled and related industries – acquired a 1.15 per cent stake after it announced an investment of Rs 5,655.75 crore in Jio Platforms. According to a press release by Reliance Industries, Silver Lake’s investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore, and will translate into a 2.08% equity stake in Jio Platforms on a fully diluted basis. And, they are honored to have partnered with Jio to help them get once step closer toward the digital goal. 6. RIL and Jio in a joint statement on Monday said that US private equity firm Silver Lake will invest Rs 5,655.75 crore in Jio Platforms for a 1.15% stake. The Silver Lake deal pushed Reliance Jio's enterprise value up to ₹ 5.15 lakh crore which represents a 12.5% premium to the equity valuation of the Facebook investment. Silver Lake's Jio investment. Silver Lake has earlier invested Rs. It also helps the company's aim of acquiring a debt-free status by March 2021. Silver Lake's Jio investment. Jio: Το success story της Ινδίας που μάζεψε 21 δισ. Silver Lake’s additional investment in Jio platforms, within a span of six weeks during the COVID-19 pandemic, is a strong endorsement of the intrinsic resilience of the Indian economy, Which will surely grow bigger with comprehensive digital enablement. The latest deal helps bolster Ambani’s plan to shift his conglomerate away from oil and petrochemicals toward faster-growing consumer businesses. Less than a fortnight after agreeing to sell close to 10% in Jio Platforms, ... California-based company: private equity firm Silver Lake will be acquiring just over 1% in Jio … Private equity firm Silver Lake has announced plans to invest Rs 56.56 billion Indian rupees in Jio Platforms for a 1.15 percent stake in the Indian telecom giant. American technology and investment giants have been buying into Indian companies to build their presence in Asia’s second-most populous nation. The Silver Lake deal assesses Jio Platforms at “an equity value of Rs 4.9 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,” Reliance and Jio Platforms said in a joint statement on Monday. Facebook Inc. in April agreed to pay $5.7 billion for a 10% stake in the digital unit, while Silver Lake and Vista Equity Partners said they would invest about $2.25 billion in total in two separate transactions this week. The Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund are also in advanced talks to buy stakes in Jio Platforms, people familiar with the matter said earlier. Its core business, oil refining and petrochemicals, has been hard hit amid the coronavirus outbreak. 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