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Latest Articles in reliance retail ventures
Isha Ambani To Be Appointed As Chairman Of Reliance Retail Ventures
Isha Ambani can get announced as the Chairman as soon as Wednesday
Read MorePIF Invests Rs 9,555 CR in Reliance Retail Ventures
The Public Investment Fund (“PIF”) has signed definitive documentation to acquire a 2.04 per cent equity stake in Reliance Retail Ventures Limited (“RRVL”). This follows PIF’s earlier acquisition of a 2.32 per cent stake in Jio Platforms.
Read MoreTPG To Invest ₹ 1,837.5 Crore In Reliance Retail Ventures
TPG is a global alternative asset firm founded in 1992 with more than $83 billion of assets under management across a wide range of asset classes, including private equity, growth equity, real estate and public equity.
Read MoreGeneral Atlantic, Silver Lake Co-investors Buy Stakes In Reliance's Retail Arm
The deals underscore growing investor interest in Reliance Retail, which is led by Asia's richest man Mukesh Ambani. Reliance is seeking investors for its retail arm after raising more than $20 billion in recent months for its digital unit.
Read MoreSilver Lake Co-investors To Invest additional Rs 1,875 Crore In Reliance Retail Ventures
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 ₹ 4.285 lakh crore.
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