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Silver Lake co-investors to further invest Rs 1,875 cr in Reliance Retail

This brings the aggregate investmentby Silver Lake and its co-investors in RRVL to Rs 9,375 crore, which will translate into a 2.13% equity stake in RRVL on a fully diluted basis

RIL Chairman Mukesh Ambani
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Reliance Retail Limited, a subsidiary of RRVL, operates India's largest, fastest growing and most profitable retail business serving close to 640 million footfalls across its 12,000 stores nationwide

Press Trust of India New Delhi
US private equity firm Silver Lake Partners will invest an additional Rs 1,875 crore in the retail arm of Reliance Industries, the Indian firm said in a statement on Wednesday.

"Reliance Industries Limited ('Reliance Industries') and Reliance Retail Ventures Limited ('RRVL') announced today that co-investors of Silver Lake will invest an additional Rs 1,875 crore into RRVL, a subsidiary of Reliance Industries," the statement said.

This brings the aggregate investment by Silver Lake and its co-investors in RRVL to Rs 9,375 crore, which will translate into a 2.13 per cent equity stake in RRVL.

"This latest investment values Reliance Retail at a pre-money

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