Reliance Retail, under the control of Mukesh Ambani, is reportedly engaged in discussions with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, regarding a potential additional round of investments totaling around USD 1.5 billion. These talks are part of an internal objective to secure USD 3.5 billion in investments by […]
Reliance Retail Ventures (“RRVL”) on Wednesday announced that Qatar Investment Authority (“QIA”), through a wholly-owned subsidiary, will invest Rs 8,278 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of Rs 8.278 lakh crore. RRVL, through its subsidiaries and associates, operates India’s largest, fastest growing, and most […]
The Indian retail market, worth USD 950 billion, is highly unorganised and dominated by general trade. While general trade drives 83 per cent of the overall market, its share is greater than 90 per cent in the groceries space, according to a report released by Redseer Strategy Consultants. The fragmented market puts retailers at a […]
