General Atlantic
E-Commerce
Flipkart valuation declines by over Rs 41,000 crore in two years
PTI -
The valuation of the e-commerce firm declined to $35 billion as of January 31, 2024, from $40 billion in the financial year ended on January 31, 2022New Delhi: E-commerce firm Flipkart's valuation has declined by $5 billion or around...
Finance & Funding
Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares
PTI -
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...
Finance and Funding
KKR to invest Rs 2,069 cr in Reliance Retail to hike stake to 1.42%
PTI -
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...
In Focus
Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail
PTI -
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...
Finance and Funding
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...
Finance & Funding
PhonePe raises $100 million in additional funding at $12 billion valuation
PTI -
Fintech firm PhonePe has raised about Rs 828 crore in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing investor Tiger GlobalNew Delhi: Fintech firm PhonePe has raised another $100 million (about Rs...
Retail
General Atlantic to invest Rs 3,675 cr in Reliance Retail
IANS -
Reliance Industries Limited on Wednesday announced that global growth equity firm General Atlantic will invest Rs 3,675 crore into its subsidiary Reliance Retail Ventures Limited to pick up 0.84 percent equity stake in the company.
This investment values Reliance Retail...
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Latest News
New Balance opens 2nd store in Pune
The latest New Balance store is located at Phoenix Marketcity Mall, Viman Nagar, PuneBengaluru: US-based sports footwear and apparel...
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