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Sunday, May 3, 2020

Silver Lake invests $747M in India’s Jio Platforms

Weeks after Facebook invested $5.7 billion in Indian telecom giant Jio Platforms, private equity firm Silver Lake is following suit. 

Silver Lake announced on Monday it is investing 56.56 billion Indian rupees (about $746.74 million) in the top telecom operator Jio Platforms, giving it a valuation of $65 billion.

More to follow…

 



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