Reliance Industries’ retail venture Reliance Retail has raised INR 5,550 Cr from global investment firm KKR, which is also an investor in Jio Platforms, at a pre-money equity value of INR 4.21 Lakh Cr. With this, KKR gets 1.28% equity stake in Reliance Retail on a fully diluted basis.
KKR Infuse INR 5.5K Cr In Reliance Retail To Help It Amplify Digitisation Ambition
Date posted: Thursday 24 September 2020