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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…
Written by Manish Singh
This news first appeared on https://techcrunch.com/2020/05/03/silver-lake-jio-platforms/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29 under the title “Silver Lake invests $747M in India’s Jio Platforms”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.
