Announced

KKR to invest $250m in Reliance Retail Ventures.

Synopsis

KKR, an American global investment company, agreed to invest $250m in Reliance Retail Ventures, an integrated omni-channel network operator. “We are pleased to receive continued support from KKR as an investor in Reliance Retail Ventures Limited. We highly value our deepening partnership with KKR, and their latest investment in RRVL after their previous investment further reinforces their strong belief in RRVL’s vision and capabilities. We look forward to continued engagement with KKR and to benefit from their global platform, industry knowledge and operational expertise, in our journey towards driving transformation of the Indian retail sector,” Isha Mukesh Ambani, Reliance Retail Ventures Director.

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