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Retail Tracker: August 2024 was a month of IPOs, exits and store expansions

A roundup of happenings in August in the world of retail IndiaRetailing Insights: The month of August saw the opening of over 80 new stores by various brands as per data collated by IndiaRetailing. Of these, over 29 new stores...

Retail Tracker: With over 60 new stores and Rs 4,930 fundraising prospects, here’s how July fared

In terms of fundraising, brands raised or proposed plans to raise amounts over Rs 4,930 crore IndiaRetailing Insights: More than 60 new stores were rolled out throughout India in July, according to the latest survey by IndiaRetailing Insights, a retail...

Ahead of IPO, FirstCry’s parent Brainbees collects Rs 1,886 cr from anchor investors

The IPO, with a price band of Rs 440-465 a share, will open for public subscription on 6 August and close on 8 August New Delhi: Online e-commerce platform FirstCry's parent Brainbees Solutions Ltd on Monday said it has collected...

ADIA-backed Lake Shore in talks to acquire NCR’s Shipra Mall

If talks are successful, Shipra will be the latest addition to Lake Shore’s portfolio after the ADIA-backed company snapped up Viviana Mall in Thane from Singapore’s sovereign wealth fund GIC and realty developer Ashwin Sheth Group New Delhi: Abu Dhabi...

Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares

Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per centNew Delhi: Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount...

KKR to invest Rs 2,069 cr in Reliance Retail to hike stake to 1.42%

After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per centNew Delhi: Global investment firm KKR will...

Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail

RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...

Qatari fund in talks to invest $1 bn into Reliance Retail at $100 bn valuation

The Qatar Investment Authority (QIA) is “considering” to pick a minority 1% stake in holding firm Reliance Retail Ventures Ltd  New Delhi: Qatar’s sovereign fund is planning to invest $1 billion into Reliance Retail, valuing India’s largest retailer at a...

JSW Ventures sells part of its holding in e-commerce firm Purplle to Abu Dhabi Investment Authority

In a statement, JSW Ventures said following this transaction, JSW Ventures has returned 2x of the Fund I corpus to their investors New Delhi: JSW Ventures on Wednesday said it has sold a part of its holding in e-commerce firm...

Competition Comm approves ADIA’s stake buy in Lenskart under green channel route

Under the green channel route, wherein a transaction, which does not raise any risk of an appreciable adverse effect on competition, is deemed to be approved on being intimated to the competition watchdog New Delhi: Fair-trade regulator Competition Commission of...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks

Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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