Reliance Industries Ltd says Silver Lake to invest nearly $750 mln in its digital arm

The deal comes days after Facebook said it would spend $5.7 billion to buy a 9.99% stake in Jio Platforms - the digital services entity that houses Reliance's telecoms arm Jio Infocomm, as well as its news, movie and music apps, along with other businesses.

from Tech-Economic Times https://ift.tt/2xvQ5gx