InvestorQ : Who are the investors that have infused funds into Reliance Retail now?
Angel dcosta made post

Who are the investors that have infused funds into Reliance Retail now?

Answer
user profile image
Juvina Maggie answered.
4 weeks ago


Here is what you need to know about recent deals in Reliance Retail.

· Reliance Industries announced that private equity, Silver Lakes will invest an additional Rs.1875 crore in its retail unit. This underscores the interesting that Reliance Retail is also eliciting from local and global outfits.

· This stake sale takes the combined investment by Silver Lake to Rs.9375 crore of infusion comprising a 2.13%. Earlier KKR, General Atlantic Partners and Mubadala Investments of Abu Dhabi had already picked up a stake in Reliance Retail Ventures.

· Silver Lakes has been a valued co-investor for the Reliance group. Like in the case of Jio Platforms, Silver Lakes has picked up a stake in Reliance Retail also via 2 tranches. Silver Lake’s additional investment is a strong endorsement of the brand potential.

· Reliance Retail has already collected a combined infusion of Rs.13,050 crore from the IPO market.

Apart from Silver Lakes, General Atlantic said it will invest Rs.3675 crore in Reliance Retail to participate in the high growth retail segment in India.