United States fund KKR to invest ₹2,000 crore in Reliance Retail to hike stake

Private equity firm KKR has announced plans to invest an additional Rs 2,070 crore in Reliance Retail Ventures, increasing its stake in the company to 1.42%. This investment values Reliance Retail at a pre-money equity value of Rs 8.36 lakh crore, making it one of the top four companies in India by equity value.

Sep 12, 2023 - 08:30
United States fund KKR to invest ₹2,000 crore in Reliance Retail to hike stake
Private equity firm KKR has announced plans to invest an additional Rs 2,070 crore in Reliance Retail Ventures, increasing its stake in the company to 1.42%. This investment values Reliance Retail at a pre-money equity value of Rs 8.36 lakh crore, making it one of the top four companies in India by equity value.