Reliance Retail Ventures gets Rs 2,000 crore from KKR https://ift.tt/0WXropd investment firm KKR is investing an additional ₹2,069.5 crore in Reliance Retail Ventures (RRVL), increasing its equity stake to 1.42%. This brings RRVL's valuation to around ₹8.36 lakh crore, making it one of India's top four companies by equity value. The investment will be used to fund expansion, retire debt, and prepare for RRVL's initial public offering.
Monday, September 11, 2023
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