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KKR TO INVEST ₹ 5,550 CRORE IN RELIANCE RETAIL VENTURES

KKR’S SECOND INVESTMENT WITH RELIANCE INDUSTRIES Reliance Industries Limited and Reliance Reta

KKR’S SECOND INVESTMENT WITH RELIANCE INDUSTRIES

Reliance Industries Limited and Reliance Retail Ventures Limited announced today that global investment firm KKR will invest ₹ 5,550 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.21 lakh crore. KKR’s investment will translate into a 1.28% equity stake in RRVL on a fully diluted basis.

This marks the second investment by KKR in a subsidiary of Reliance Industries, following a ₹ 11,367 crore investment in Jio Platforms announced earlier this year.

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