Silver Lakes and Vista Equity invested in Jio Platforms during the week. Silver Lakes bought a 1.15% stake in Jio Platforms for Rs.5656 crore while Vista Equity took a 2.32% stake for a sum of Rs.11,367 crore. Unlike Facebook, which had a natural synergy with the Jio Platform, for Silver Lakes and Vista, this was purely a private equity investment. Both the above deals valued Jio digital property at nearly $65 billion. That is a 12% premium to the valuation assigned to Jio Platforms by Facebook. What is more interesting is that these deals have put the digital business of Reliance in a new perspective vis-à-vis the group. With an overall valuation of $65 billion, the digital business of Reliance accounts for more than 50% of the overall value of the group. This entire story happened in less than 4 years when Jio was first launched in India in September 2016.