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Reliance Retail received Rs 47,265 crore in the recent stake sale round

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Reliance Retail Ventures Limited (RRVL) has successfully completed the recent partner induction and fundraising phase and received a cumulative amount of Rs 47,265 crore from the financial partners namely Silver Lake, KKR, Mubadala, GIC, ADIA, PIF, General Atlantic, and TPG. Silver Lake invested twice in RRVL. Mukesh Ambani’s leading retail company Reliance is expanding its business in the brick-and-mortar industry also along with its e-commerce industry challenging Amazon and Flipkart.

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November 20

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