General Atlantic to invest Rs 3,675 cr in Reliance Retail

Reliance Industries Limited on Wednesday announced that global growth equity firm General Atlantic will invest Rs 3,675 crore into its subsidiary Reliance Retail Ventures Limited to pick up 0.84 percent equity stake in the company. This investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore, a company statement said. This … Continue reading General Atlantic to invest Rs 3,675 cr in Reliance Retail