Oil-to-telecommunications conglomerate Reliance Industries is constantly working to expand its presence in the retail sector. On Tuesday, the Abu Dhabi Investment Authority (ADIA) became the eighth investor in Reliance Retail Ventures, agreeing to choose 1.2 percent of the company’s share capital for Rs 5,512.5 million. ADIA joins the Silver Lake …
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New Delhi: Co-investors of US private equity firm Silver Lake will invest more ₹Rs 1,875 crore at Reliance Retail Ventures (RRVL), the retail arm of Reliance Industries, the firm said in a regulatory filing Wednesday night. This brings the aggregate investment of Silver Lake and its co-investors in RRVL to …
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Reliance Retail Ventures Ltd, which raised $ 1 billion from Silver Lake Partners on Wednesday, is poised to attract additional investments worth $ 5 billion from KKR & Co., Mubadala Investment Co. and Abu Dhabi Investment Authority (ADIA), two people directly aware of the negotiations said. California-based private equity fund …
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After Reliance Industries Ltd (RIL) raised a record ₹1.5 trillion from the sale of stakes in Jio Platforms Ltd (JPL), expectations have been high regarding the sale of stakes in the group’s retail company. “In our opinion, the share price (RIL) at the current level of ₹2,100 are likely to …
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Reliance Industries announced today that Silver Lake will invest ₹ 7,500 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.21 crore lakh. Silver Lake’s investment will result in a 1.75% equity interest in RRVL on …
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Existing investors Tiger Global, General Atlantic and Owl Ventures also participated in the investment round, Byju’s said in a note Tuesday. The company, named after its founder Byju Raveendran, has raised about $ 1 billion since January, reflecting the surge in investor interest in Indian educational technology startups as learning …
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Bengaluru : Byju’s online learning platform has raised $ 500 million in a new round of funding led by US-based private equity (PE) investor Silver Lake, along with participation from existing investors, including Tiger Global , General Atlantic and Owl Ventures. Silver Lake’s investment in educational technology platform Byju comes …
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Reliance Industries Ltd (RIL) has offered Jio Platforms’ 13 financial and strategic investors the option to invest in its Reliance Retail Ventures Ltd (RRVL) unit, two people familiar with the developments said. These investors include Facebook, Google, KKR, Silver Lake, and TPG. They helped RIL accumulate a total of ₹1.52 …
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Private equity firm Silver Lake Partners is in talks to invest $ 1 billion in the retail arm of Reliance Industries Ltd of India (RELI.NS), the Financial Times reported Thursday, citing people with direct knowledge of the matter. The investment, which would value Reliance Retail at about $ 57 billion, …
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Private equity firm Silver Lake Partners is in talks to invest $ 1 billion in the retail arm of Reliance Industries Ltd, the Financial Times reported Thursday, citing people with direct knowledge of the matter. The investment, which would value Reliance Retail at about $ 57 billion, comes as the …
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