Other investors in Jio Platforms include Facebook, Google, Silver Lake, private equity groups Vista and General Atlantic and Abu Dhabi's sovereign wealth fund Mubadala.
September 23, 20201. Reliance Retail Limited, a subsidiary of RRVL, operates India's largest, fastest growing retail business. 2. RIL announced that US private equity firm Silver Lake Partners will invest Rs 7,500 crore for 1.75 per cent stake in its RRVL.
September 10, 2020It is worth mentioning that Silver Lake was the first US private equity firm to invest in Jio.
September 9, 2020Late last month, Reliance acquired the retail and logistics businesses of Future Group for Rs 24,713 crore to boost its retail vertical.
September 9, 2020The investment comes at a time when the Reliance Retail is aiming to raise $5.7 billion by selling around 10 per cent in new shares.
September 4, 2020Ambani’s Reliance Industries, which is on a shopping spree for the past few weeks, is set to acquire Future Enterprises’ retail business.
August 29, 2020Incorporated in 2015, Vitalic and its subsidiaries are in the business of pharma distribution, sales and business support services.
August 19, 2020The company reported a net profit of Rs 431 crore despite 50 per cent of its stores being fully shut, 29 per cent partially operated due to the lockdown.
July 31, 2020Ambani, who was speaking at RIL's 43rd annual general meeting, said soon the conglomerate will induct global partners and investors in Reliance Retail in the next few quarters.
July 15, 2020“One of the things that will trouble Amazon and Flipkart is Reliance's history of launching operations via massive discounts.”
May 21, 2019