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Reliance Retail-Silver Lake deal: All you need to know about Silver Lake Partners

Silver Lake Partners also recently purchased a 2.08 percent stake in Jio Platforms, the telecom unit of Reliance Industries, for Rs 10,202.55 crore.

September 09, 2020 / 11:56 AM IST

US private equity giant Silver Lake Partners purchased a 1.75 percent stake in the retail unit of India's Reliance Industries (RIL) for Rs 7,500 crore.

Silver Lake Partners also recently purchased a 2.08 percent stake in Jio Platforms, the telecom unit of Reliance Industries, for Rs 10,202.55 crore.

Also Read: Silver Lake to invest Rs 7,500 crore for 1.75% in Reliance Retail

Silver Lake made its debut investment in India in 2013 when it picked up a minority stake in Bengaluru-based Ekta Software which builds software for commodity trading.