Reliance Retail Ventures Limited has announced the acquisition of controlling stake in Just Dial Limited for a total consideration of Rs 3,497 crores. According to the announcement, VSS Mani will continue as Managing Director and Chief Executive Officer to lead Just Dial through the next phase of growth. Speaking on this transaction, Ms Isha Ambani,…
Tag: Just Dial
Reliance Retail acquires controlling stake in Just Dial for Rs 3,497cr
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•Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, announced the acquisition of controlling stake in Just Dial, India’s local search engine platform which provides search related services to users across the country. Post acquisition, VSS Mani to continue to lead Just Dial as Managing Director and Chief Executive Officer. RRVL would make…