Mukesh Ambani raised about 12 thousand crores for Reliance Retail in two days

Ever since the news of the Tata Group Walmart deal has surfaced, Reliance Industries has started a stir. Now it is fast enticing foreign investors. In such a situation, the beginning of Reliance has started from the same investors who invested in the Jio platform. While Reliance took more than a month for retail from KKR and Silver Lake in one month, after news of the Tata Group and Walmart deal, Reliance has raised around Rs 12,000 crore in three big deals for retail in two days. After which Reliance Retail has got more strength. Let us also tell you which companies Reliance has finalized deals with between 30 September and 1 October. Reliance Mubadala Deal Mubadla Investment Company of Abu Dhabi will invest Rs 6,247.5 crore in Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, for 1.40 per cent equity. This is the fourth major investment in Reliance Retail. On Thursday, October 1, Reliance Industries Limited and Reliance Retail Ventures Limited announced the investment. At the beginning of the year Mubadla invested $ 1.2 billion in Jio Platforms. This is Mubadla’s second investment in a subsidiary of Reliance Industries.Reliance General Atlantic Deal Global investment firm General Atlantic will invest Rs 3,675 crore in Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries, for 0.84 per cent equity. This is the third major investment in Reliance Retail. On Wednesday, 30 September, the investment was announced by Reliance Industries Limited and Reliance Retail Ventures Limited. After this deal, Reliance Retail’s pre-money equity was valued at Rs 4.285 lakh crore. At the beginning of the year, General Atlantic invested 6,598.38 crore in geo-platforms. This is General Atlantic’s second investment in a subsidiary of Reliance Industries. Silver Lake increased its stake On Wednesday, Silver Lake announced to increase its stake in Mukesh Ambani’s Reliance Retail Ventures Limited. Now Silver Lake will invest an additional Rs 1,875 crore. With this investment, the total investment of Silver Lake and its associates in Reliance Retail Ventures Ltd will be Rs 9,375 crore and the total stake of the company will increase to 2.13 per cent. Currently, Silver Lake has the largest stake in RRVL. Earlier on 9 September, Silver Lake invested Rs 7500 crore for 1.75% equity in RRVL as the first investor. At the same time, KKR announced to invest Rs 5,550 crore on September 23 for 1.28% equity.


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