Reliance Retail
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Opportunity India Desk Aug 24 2023 - 1 min readReliance Retail Ventures Limited (“RRVL”) has announced that Qatar Investment Authority (“QIA”), through a wholly-owned subsidiary, will invest INR 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of INR 8.278 lakh crore. RRVL, through its subsidiaries and associates, operates India's largest, fastest growing, and ...
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Opportunity India Desk May 26 2023 - 2 min readReliance Consumer Products Limited (RCPL)—the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL) on Friday announced that it has completed the acquisition of majority stakes in LOTUS Chocolate Company Limited. “Further to the media release dated December 29, 2022, regarding acquisition of controlling stake in Lotus Chocolate Company Limited (“LOTUS”), ...
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Opportunity India Desk Dec 23 2022 - 3 min readReliance’s Reliance Retail Ventures Limited (‘RRVL’) on Thursday signed definitive agreements to acquire 100 per cent equity stakes in METRO Cash & Carry India Pvt Ltd. (‘METRO India’) for a total amount of INR 2,850 crore, subjected to closing adjustments. METRO India started as the first company to introduce cash-and-carry business format in the country ...
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Opportunity India Desk Aug 31 2022 - 3 min readA collaboration of Meta and Jio Platforms is announced to let customers enjoy an easy shopping experience on WhatsApp. This alliance is to give users the first ever end-to-end shopping experience on WhatsApp, where consumers can shop with their WhatsApp chat. JioMart on WhatsApp will allow customers in India, including those who have never shopped ...
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Opportunity India Desk Jul 07 2022 - 3 min readReliance Retail Limited, India’s largest retailer, has entered a long-term partnership with Gap Inc. to bring iconic American fashion brand Gap to India. Through the long-term franchise agreement, Reliance Retail has become the official retailer for Gap across all channels in India. Reliance Retail will introduce Gap’s latest fashion offerings to Indian consumers through ...