Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% equity

In a major investment, Silver Lake is set to infuse Rs 7,500 crore in Reliance Retail for 1.75 per cent stake in the company,  which is a subsidiary of Reliance Industries. This is the second billion-dollar investment by Silver Lake in a Reliance Industries subsidiary after the $1.35 billion it invested in Jio Platforms earlier this year. With more than $60 billion in combined assets under management and committed capital, Silver Lake is the global leader in large-scale technology investing. It has previously invested in Airbnb, Alibaba, Alphabet’s Verily and Waymo units a.....

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