Reliance Retail to take 51% stake in kid's clothing brand Ed-a-Mamma

Reliance Retail Ventures, India's largest retail conglomerate, has announced its intention to acquire a 51% stake in the Indian children's clothing brand, Ed-a-Mamma. This strategic move is part of Reliance's aggressive expansion strategy as it prepares for a potential stock market listing.

Sep 6, 2023 - 22:30
Reliance Retail to take 51% stake in kid's clothing brand Ed-a-Mamma
Reliance Retail Ventures, India's largest retail conglomerate, has announced its intention to acquire a 51% stake in the Indian children's clothing brand, Ed-a-Mamma. This strategic move is part of Reliance's aggressive expansion strategy as it prepares for a potential stock market listing.