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… Continue reading "The Public Investment Fund (PIF) Invests ₹ 9,555 Crore ( Approx.US$ 1.3 Billion) in Reliance Retail Ventures Limited"

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