GIC to Invest ₹ 5,512.5 Crore in Reliance Retail Ventures

FUELS GROWTH OF INDIA’S FASTEST GROWING RETAIL BUSINESS REAFFIRMATION OF RELIANCE RETAIL’S INCLUSIVE AND TRANSFORMATIVE VISION FOR INDIAN RETAIL THROUGH NEW COMMERCE 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 ₹… Continue reading "GIC to Invest ₹ 5,512.5 Crore in Reliance Retail Ventures"

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