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Reliance Retail’s ‘Vocal for Local’ Mission Expands to 30,000 Artisans and over 40,000 Artisanal Products

Company’s ‘Indie by AJIO’ and ‘Swadesh’ initiatives offered over 40,000 artisanal products this Diwali across its retail formats New Delhi In a strong push to locally made artisanal products, Reliance Retail showcased more than 40,000 artisan crafted products from over 50 GI clusters to its customers this festive season. A direct result of its three-year old flagship initiatives – “Indie by AJIO” and “Swadesh” – started to provide avenues for sales and employment to local craftsmen, the programmes now…

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The Public Investment Fund (Pif) Invests ₹ 9,555 Crore (Approx. Us$1.3 Billion) In Reliance Retail Ventures Limited

The Public Investment Fund (“PIF”) has signed definitive documentation to acquire a 2.04% equity stake in Reliance Retail Ventures Limited (“RRVL”) The investment is in line with PIF’s strategy and mandate to invest globally in innovative and transformative businesses that generate long-term commercial returns RRVL, through its subsidiary, is market leading in the Indian organized physical retail market and is revolutionizing India’s entire retail sector by further integrating the Indian retail markets through its ‘New Commerce’ strategy New Delhi…

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ADIA To Invest ₹ 5,512.50 Cr. In Reliance Retail Ventures

New Delhi Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) will invest ₹ 5,512.50 cr. into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.285 lakh crore. ADIA’s investment will translate into a 1.20% equity stake in RRVL on a fully diluted basis. With this investment, RRVL has raised ₹ 37,710 crore from…

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TPG To Invest ₹ 1,837.5 Cr In Reliance Retail Ventures

New Delhi Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm TPG will invest ₹ 1,837.5 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.285 lakh crore. TPG’s investment will translate into a 0.41% equity stake in RRVL on a fully diluted basis. This marks the second investment by TPG in a subsidiary of Reliance Industries, following a ₹…

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GIC To Invest ₹ 5,512.5 Cr In Reliance Retail Ventures

New Delhi Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that GIC will invest ₹ 5,512.5 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.285 lakh cr. GIC’s investment will translate into a 1.22% equity stake in RRVL on a fully diluted basis. Reliance Retail Limited, a subsidiary of RRVL, operates India’s fastest growing and most profitable retail business serving close to 640…

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Silver Lake Co-Investors To Invest Additional ₹ 1,875 Cr. In Reliance Retail Ventures

New Delhi Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that co-investors of Silver Lake will invest an additional ₹ 1,875 crore into RRVL, a subsidiary of Reliance Industries. This brings the aggregate investment by Silver Lake and its co-investors in RRVL to ₹ 9,375 crore, which will translate into a 2.13% equity stake in RRVL on a fully diluted basis. This latest investment values Reliance Retail at a pre-money equity value of ₹…

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General Atlantic To Invest ₹ 3,675 Cr In Reliance Retail Ventures

New Delhi Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that General Atlantic, a leading global growth equity firm, will invest ₹ 3,675 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.285 lakh crore. General Atlantic’s investment will translate into a 0.84% equity stake in RRVL on a fully diluted basis. This marks the second investment by General Atlantic in a subsidiary…

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KKR To Invest ₹ 5,550 Crore In Reliance Retail Ventures

New Delhi Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm KKR will invest ₹ 5,550 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.21 lakh crore. KKR’s investment will translate into a 1.28% equity stake in RRVL on a fully diluted basis. This marks the second investment by KKR in a subsidiary of Reliance Industries, following a ₹…

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Reaffirms Reliance Retail’s Inclusive And Transformative

New Delhi Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that Silver Lake will invest ₹ 7,500 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.21 lakh crore. Silver Lake’s investment will translate into a 1.75% equity stake in RRVL on a fully diluted basis. This marks the second billion dollar investment by Silver Lake in a Reliance Industries subsidiary after the $1.35…

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Reliance Retail To Acquire Retail & Wholesale Business

New Delhi Reliance Retail Ventures Limited (RRVL), subsidiary of Reliance Industries Limited, today announced that it is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group as going concerns on a slump sale basis for lumpsum aggregate consideration of INR 24,713 crore, subject to adjustments as set-out in the composite scheme of arrangement (Scheme). The above acquisition is being done as part of the Scheme in which Future Group is merging certain…

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