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US private equity firm Silver Lake Partners will buy 1.75 per cent stake in billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm for Rs 7,500 crore and may be followed by KKR & Co. Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, for a 1.75 per cent stake, the Indian firm said in a statement. "This investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore," it said. This marks the second billion-dollar investment by Silver Lake in a RIL subsidiary after the USD 1.35 billion investment in Jio Platforms announced earlier this year. The world's largest tech investor picking up a stake in Reliance Retail cements belief that the firm is set to lead a disruptive, technology-led transformation of the Indian retail sector particularly relevant in post-pandemic India. Reliance Retail Limited, a subsidiary of RRVL, operates India's largest, fastest-growing and most profitable retail business spanning ..