Silver Lake Partners has a terrific track record of investing in some of the world’s largest and most successful tech companies
Read about its investment in #RelianceRetail worth Rs 7,500 crore:
https://moneycontrol.com/news/business/companies/reliance-retail-silver-lake-deal-private-equity-giant-silver-lake-picks-1-75-stake-for-rs-7500-crore-in-reliance-retail-5815181.html
Read about its investment in #RelianceRetail worth Rs 7,500 crore:
https://moneycontrol.com/news/business/companies/reliance-retail-silver-lake-deal-private-equity-giant-silver-lake-picks-1-75-stake-for-rs-7500-crore-in-reliance-retail-5815181.html
Do you know when Silver Lake Partners debuted in India and with which investment?
Within Reliance Industries itself, its investment in #RelianceRetail marks the second large one. The first was? https://moneycontrol.com/news/business/companies/reliance-retail-silver-lake-deal-private-equity-giant-silver-lake-picks-1-75-stake-for-rs-7500-crore-in-reliance-retail-5815181.html…
Within Reliance Industries itself, its investment in #RelianceRetail marks the second large one. The first was? https://moneycontrol.com/news/business/companies/reliance-retail-silver-lake-deal-private-equity-giant-silver-lake-picks-1-75-stake-for-rs-7500-crore-in-reliance-retail-5815181.html…
RIL said it has received Rs 7,500 Cr from Silver Lake Partners, which picked up a 1.75% stake in #RelianceRetail. Details ⬇️
https://www.moneycontrol.com/news/business/reliance-retail-receives-rs-7500-crore-from-silver-lake-for-1-75-stake-5889021.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/reliance-retail-receives-rs-7500-crore-from-silver-lake-for-1-75-stake-5889021.html?utm_source=telegram&utm_medium=social
Moneycontrol
Reliance Retail receives Rs 7,500 crore from Silver Lake for 1.75% stake
This is the second billion-dollar investment by Silver Lake in a RIL subsidiary after the $1.35 billion investment in Jio Platforms announced earlier this year
#RILAGM2021 | #RelianceIndustries CMD #MukeshAmbani says he was confident that #RelianceRetail was on a hyper-growth trajectory as the company is expected to grow at least 3x in the next 3-5 years. Read 👇
https://www.moneycontrol.com/news/business/ril-agm-2021-confident-that-reliance-retail-is-on-hyper-growth-trajectory-to-grow-3x-in-the-next-3-5-years-7081831.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/ril-agm-2021-confident-that-reliance-retail-is-on-hyper-growth-trajectory-to-grow-3x-in-the-next-3-5-years-7081831.html?utm_source=telegram&utm_medium=social
Moneycontrol
RIL AGM 2021 | Confident That Reliance Retail Will Grow 3x In The Next 3-5 Years: Mukesh Ambani
RIL AGM 2021 | Chairperson Mukesh Ambani said that JioMart, Reliance Retail's grocery division, will onboard over 1 crore merchant partners over the next three years.
Future Retail says it intends to pursue all avenues to conclude its deal with #RelianceRetail and protect the interests of stakeholders and the workforce, Priyanka Iyer reports 👇
https://www.moneycontrol.com/news/business/future-retail-to-pursue-all-options-to-conclude-deal-with-reliance-to-protect-interests-of-stakeholders-and-workforce-7288841.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/future-retail-to-pursue-all-options-to-conclude-deal-with-reliance-to-protect-interests-of-stakeholders-and-workforce-7288841.html?utm_source=telegram&utm_medium=social
Moneycontrol
Future Retail To Pursue All Options To Conclude Deal With Reliance, To Protect Interests Of Stakeholders And Workforce
The company plans to file a special leave petition in the Supreme Court and seek relief from the Delhi High Court to proceed with the transaction
The Mumbai Bench of the NCLT passed an order, inter-alia, allowing the #FutureGroup permission to meet with its shareholders & creditors for the purpose of seeking approval for the sale of its assets to Reliance Retail Ltd.
Read more at
https://www.moneycontrol.com/news/business/future-group-gets-nclt-nod-to-hold-meetings-for-sale-of-assets-to-reliance-7519191.html
#RelianceRetail #FutureRetail #FutureGroupAndRelianceRetail
Read more at
https://www.moneycontrol.com/news/business/future-group-gets-nclt-nod-to-hold-meetings-for-sale-of-assets-to-reliance-7519191.html
#RelianceRetail #FutureRetail #FutureGroupAndRelianceRetail
Moneycontrol
Future Group Gets NCLT Nod To Hold Meetings For Sale Of Assets To Reliance
In the order issued on September 28, the NCLT asked the Future Group to propose a suitable date to hold the extraordinary general meeting (EGM) of the shareholders and creditors to seek their approval for the sale of its assets to Reliance Retail for a consideration…
Reliance Retail is set to launch India's first 7-Eleven in Andheri East and many more in Mumbai soon.
Here’s all you need to know about the convenience store chain and where it falls in #RelianceRetail’s strategy in India: https://www.moneycontrol.com/news/business/companies/reliance-retail-to-open-7-eleven-stores-in-india-five-things-to-know-about-the-retail-chain-7554701.html?utm_source=telegram&utm_medium=social
Here’s all you need to know about the convenience store chain and where it falls in #RelianceRetail’s strategy in India: https://www.moneycontrol.com/news/business/companies/reliance-retail-to-open-7-eleven-stores-in-india-five-things-to-know-about-the-retail-chain-7554701.html?utm_source=telegram&utm_medium=social
Moneycontrol
Reliance Retail To Open 7-Eleven Stores In India: Five Things To Know About The Retail Chain
Reliance Retail is all set to launch the first 7-Eleven store in Andheri East in Mumbai on October 9. The company plans to introduce several more stores under the brand in the Greater Mumbai cluster in near future.
#ICYMI: Reliance Retail to launch India's first 7-Eleven in Andheri East and many more in Mumbai soon.
Here’s all you need to know about the convenience store chain and where it falls in #RelianceRetail’s strategy in India: https://moneycontrol.com/news/business/companies/reliance-retail-to-open-7-eleven-stores-in-india-five-things-to-know-about-the-retail-chain-7554701.html?utm_source=telegram&utm_medium=social
Here’s all you need to know about the convenience store chain and where it falls in #RelianceRetail’s strategy in India: https://moneycontrol.com/news/business/companies/reliance-retail-to-open-7-eleven-stores-in-india-five-things-to-know-about-the-retail-chain-7554701.html?utm_source=telegram&utm_medium=social
Moneycontrol
Reliance Retail To Open 7-Eleven Stores In India: Five Things To Know About The Retail Chain
Reliance Retail is all set to launch the first 7-Eleven store in Andheri East in Mumbai on October 9. The company plans to introduce several more stores under the brand in the Greater Mumbai cluster in near future.
Reliance Retail announced the launch of a new experiential gourmet food store - Freshpik, marking its foray into the ultra-premium grocery segment in India.
Read at
https://www.moneycontrol.com/news/business/with-freshpik-reliance-retail-marks-its-foray-into-ultra-premium-grocery-segment-7584241.html
#Freshpik #JioWorldDrive #RelianceRetail
Read at
https://www.moneycontrol.com/news/business/with-freshpik-reliance-retail-marks-its-foray-into-ultra-premium-grocery-segment-7584241.html
#Freshpik #JioWorldDrive #RelianceRetail
Moneycontrol
With FreshPik, Reliance Retail marks its foray into ultra-premium grocery segment
The range of food items offered at Freshpik include staples; freshly picked fruits and vegetables – with specially curated exotic and organic varieties and live microgreens; essential ingredients for international cuisines such as Italian, Thai, Japanese…
#RelianceRetail Q2 2021 | With COVID-related restrictions easing, the business recorded higher store operating days at 89% compared to 61% last quarter while footfalls recovered to 78% of pre-COVID levels compared to 46% last quarter.
Read:
https://www.moneycontrol.com/news/business/earnings/reliance-retail-back-to-pre-covid-levels-led-by-strong-growth-in-fashion-and-lifestyle-categories-7615471.html?utm_source=telegram&utm_medium=social
Read:
https://www.moneycontrol.com/news/business/earnings/reliance-retail-back-to-pre-covid-levels-led-by-strong-growth-in-fashion-and-lifestyle-categories-7615471.html?utm_source=telegram&utm_medium=social
Moneycontrol
Reliance Retail Back To Pre-COVID Levels Led By Strong Growth In Fashion And Lifestyle Categories
The retail arm of Reliance Industries posted an 11 percent year-on-year jump in its revenues to Rs 45,426 crore for the second quarter-ended September, while net profit jumped by 74 percent to Rs 1,695 crore as compared to the same period last year.
All in all, #Amazon is looking at a rather uphill legal battle, while the #RelianceRetail-#FutureGroup transaction looks much more promising to bet on, writes Manoj Kumar, Founder and Managing Partner, Hammurabi & Solomon Partners.
Read:
https://www.moneycontrol.com/news/business/companies/second-order-implications-of-cci-suspending-amazon-future-coupons-deal-7842081.html?utm_source=telegram&utm_medium=social
Read:
https://www.moneycontrol.com/news/business/companies/second-order-implications-of-cci-suspending-amazon-future-coupons-deal-7842081.html?utm_source=telegram&utm_medium=social
Moneycontrol
Amazon Stares At Uphill Legal Battle After CCI Suspends Future Group Deal
Effectively, the Competition Commission of India has reduced Amazon to ground zero in its pursuit to having a ‘foot-in-the-door’ by acquiring strategic rights over Future Retail Limited.
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#Breaking | Reliance Retail leads $240 million round in Dunzo amid rapid delivery frenzy
Sriram Mani reports at
https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html
#Dunzo #RelianceIndustries #RelianceRetail
Sriram Mani reports at
https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html
#Dunzo #RelianceIndustries #RelianceRetail
Speaking on the investment, Isha Ambani, Director, Reliance Retail Ventures Limited, said.
Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html
#Dunzo #Reliance #RelianceIndustries #RelianceRetail
Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html
#Dunzo #Reliance #RelianceIndustries #RelianceRetail
About the #Funding by #Reliance, Kabeer Biswas, CEO and Co-Founder, Dunzo said.
Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html
#Dunzo #Reliance #RelianceIndustries #relianceretail
Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html
#Dunzo #Reliance #RelianceIndustries #relianceretail
In addition to the funding, Dunzo & #RelianceRetail will also enter into certain business partnerships.
Kabeer Biswas, CEO and Co-Founder, Dunzo said.
Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html
#Dunzo #Reliance #RelianceIndustries
Kabeer Biswas, CEO and Co-Founder, Dunzo said.
Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html
#Dunzo #Reliance #RelianceIndustries
#RelianceRetail acquired a 25.8% stake in Dunzo, valuing it at about $800 mn.
Catch #Dunzo cofounder Kabeer Biswas on why he went with #Reliance, why India will opt for slower but free deliveries, & more.
https://www.moneycontrol.com/news/business/startup/i-dont-care-dunzo-cofounder-kabeer-biswas-on-startup-not-attaining-unicorndom-through-latest-funding-led-by-reliance-7909031.html?utm_source=telegram&utm_medium=social
Catch #Dunzo cofounder Kabeer Biswas on why he went with #Reliance, why India will opt for slower but free deliveries, & more.
https://www.moneycontrol.com/news/business/startup/i-dont-care-dunzo-cofounder-kabeer-biswas-on-startup-not-attaining-unicorndom-through-latest-funding-led-by-reliance-7909031.html?utm_source=telegram&utm_medium=social
Moneycontrol
Want to build an independent business and list in 3 years: Dunzo CEO Kabeer Biswas
Biswas believes free but slower deliveries will be the endpoint for quick commerce in India.
"I think I've had some of the most insightful retail conversations (with Reliance)," Dunzo CEO Kabeer Biswas on #RelianceRetail acquiring a 25.8% stake in the company.
Read the full story at ⬇️
https://www.moneycontrol.com/news/business/startup/want-to-build-an-independent-business-and-list-in-3-years-dunzo-ceo-kabeer-biswas-7909031.html?utm_source=telegram&utm_medium=social
Read the full story at ⬇️
https://www.moneycontrol.com/news/business/startup/want-to-build-an-independent-business-and-list-in-3-years-dunzo-ceo-kabeer-biswas-7909031.html?utm_source=telegram&utm_medium=social
Addverb Technologies has just got Reliance Retail on board as their largest shareholder.
Here's what you need to know about the company, its revenue model, and the road ahead 👇
https://www.moneycontrol.com/news/business/know-the-company-what-is-addverb-technologies-reliance-retails-latest-acquirement-7954121.html
#AddverbTechnologies #Business #RelianceRetail
Here's what you need to know about the company, its revenue model, and the road ahead 👇
https://www.moneycontrol.com/news/business/know-the-company-what-is-addverb-technologies-reliance-retails-latest-acquirement-7954121.html
#AddverbTechnologies #Business #RelianceRetail
Moneycontrol
Know The Company : What Is Addverb Technologies; Reliance Retail's Latest Acquirement
The company that has just got Reliance Retail on board as their largest shareholder, saw its inception in 2016 when 5 former Asian Paints executives set out to transform the functioning of supply chain operations.
#FutureGroup and #Amazon are entangled in a legal battle for more than an year over a decision by the former to sell its #BigBazaar retail business to #RelianceRetail.
Find out more at 👇
https://www.moneycontrol.com/news/trends/legal-trends/amazon-vs-future-heres-the-lowdown-on-indias-biggest-legal-case-right-now-7988041.html?utm_source=telegram&utm_medium=social
Find out more at 👇
https://www.moneycontrol.com/news/trends/legal-trends/amazon-vs-future-heres-the-lowdown-on-indias-biggest-legal-case-right-now-7988041.html?utm_source=telegram&utm_medium=social
Moneycontrol
Amazon vs Future: Here’s the lowdown on India’s biggest legal case right now
At stake is the Rs 27,000 crore deal between Future and Reliance, which has been on the back-burner since 2020. Future group is trying to ensure the deal goes through, while Amazon is trying to secure its interests in the Future group.
Vendors, employees, landlords, and suppliers of the #FutureGroup have expressed hopes of reviving business as they welcome #RIL taking operational charge of the stores which are being rebranded under the #RelianceRetail label.
Read more at ⤵️
https://www.moneycontrol.com/news/business/companies/future-retail-employees-vendors-heave-sigh-of-relief-as-reliance-takes-over-stores-8187631.html?utm_source=telegram&utm_medium=social
Read more at ⤵️
https://www.moneycontrol.com/news/business/companies/future-retail-employees-vendors-heave-sigh-of-relief-as-reliance-takes-over-stores-8187631.html?utm_source=telegram&utm_medium=social
Moneycontrol
Future Retail employees, vendors heave sigh of relief as Reliance takes over stores
Reliance has been making job offers to employees of the stores, which will ensure continuity for nearly 30,000 workers of Future Group's retail network.