Reliance Retail to raise $1 billion from Silver Lake

Indian billionaire Mukesh Ambani’s retail venture Reliance Retail said on Wednesday it will raise $1.02 billion from Silver Lake, kickstarting a fundraising spree months after its sister venture Jio Platforms raised $20 billion earlier this year. The investment in Reliance Retail will grant Silver Lake a 1.75% equity stake in India’s largest retail chain. The […]

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