Ambani's Reliance Retail in talks to raise $2.5B by end of September 2023

In August 2023, Qatar Investment Authority announced its investment of $1 billion in Reliance retail arm for 0.99%, valuing the company $100 billion

Last week, It was reported Reliance Industries is looking to sell another 8-10% stake in Reliance Retail Ventures Limited (RRVL).

Back in 2020, Reliance Retail was valued at $52 billion, a figure that has nearly doubled since then.

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