Reliance Retail Ventures Limited (RRVL) announced that global investment firm KKR, through an affiliate, will invest ₹ 2,069.50 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 8.361 lakh crore, which makes it among the top four companies by equity value in the country. KKR’s follow-on investment will…
Reliance Retail Ventures Limited (RRVL) announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest ₹ 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of ₹ 8.278 lakh crore, a statement said. RRVL, through its subsidiaries and associates, operates India’s largest, fastest…