New Delhi: Reliance Industries on Friday announced an additional investment of ₹4,546.8 crore by Silver Lake in Jio Platforms for an additional 0.93% stake in RIL's digital unit.This is in addition to the ₹ 5,655.75 crore of investment already made by the private equity firm on 4 May, 2020.This brings the aggregate investment by Silver Lake and its co-investors in Jio Platforms to ₹ 10,202.55 crore.
The announcement comes close on the heels of RIL announcing the sale of 1.85% stake in Jio Platforms to Abu Dhabi-based sovereign investor Mubadala for ₹9,093.60 crore.Silver Lake’s investment values Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore, and will translate into a 2.08% equity stake in.