Tag: Urban Ladder acquisition

Reliance Retail buys majority stake in Urban Ladder for ₹182.12 cr

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd (RIL), announced that it has acquired equity shares of online furniture and decor platform Urban Ladder Home Decor Solutions Pvt Ltd for ₹182.12 crore. RRVL has bought 96% holding in the equity share capital of Urban Ladder and has a further option of acquiring…