Reliance Retail Ventures gets Rs 2,000 crore from KKR

September 12, 2023

Global 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.

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