Mukesh Ambani: Reliance Jio to launch 5G services in 2021

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

ADIA to invest ₹ 5,512.50 Crore in Reliance retail ventures

<p>Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) will invest ₹ 5,512.50 crore 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 […]</p>

Silver Lake co investors to invest additional Rs. 1,875 Crore in Reliance retail ventures

<p>Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced that co-investors of Silver Lake will invest an additional Rs. 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 Rs. 9,375 crore, which will translate into a 2.13% equity […]</p>

General Atlantic to invest Rs. 3,675 crore In Reliance retail ventures

<p>Partnership with global growth investors to help drive continued enablement, inclusion and progress via Reliance retail’s new commerce vision Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that General Atlantic, a leading global growth equity firm, will invest Rs. 3,675 crore into RRVL, a subsidiary of Reliance Industries.  This investment […]</p>

KKR to invest Rs. 5,550 Crore in Reliance Retail Ventures

<p>Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm KKR will invest Rs.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 […]</p>

Isha, Akash Ambani, Byju Raveendran debut on Fortune’s ’40 Under 40′ influencer list

<p>New Delhi, Sep 2 (PTI) Billionaire Mukesh Ambani’s twin children Isha and Akash, and edtech startup Byju’s founder Byju Raveendran are among the Indians who have debuted on Fortune’s ’40 Under 40′ list of influential people around the globe. Stating that the coronavirus pandemic has fundamentally altered the way people work and socialise, Fortune magazine […]</p>

Reliance Retail issue warning of fake JioMart websites seeking franchisees

<p>Reliance Retail Ltd’s online grocery shopping portal JioMart has warned of fake websites seeking franchisees in its name, saying it is not operating any dealership or franchisee model at present. “We have been informed about certain unscrupulous individuals who are creating fake websites, pretending to be us or associated with us and duping innocent individuals […]</p>

Reliance Retail acquires majority stake in leading digital pharma market place ‘Netmeds’

<p>Investment to enhance availability of high quality & affordable healthcare products and services across India Reliance Industries Limited (RIL) announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt. Ltd. (“Vitalic”) and its subsidiaries (Collectively known as ‘Netmeds’) for a cash consideration of approximately INR 620 […]</p>

Reliance Jewels re-opens its showrooms in Gujarat

<p>Offers the best of Safety & Comfortable Shopping Experience Reliance Jewels has re-opened its showrooms in Gujarat and other parts of the country in accordance with guidelines of the local authorities. Consumer safety and hygiene are strictly adhered across Reliance Jewels showrooms, located in Ahmedabad, Bhuj, Bhavnagar, Rajkot, Jamnagar and Vadodara. The brand has implemented […]</p>