India: Reliance Retail steps up fund-raising ahead of possible IPO

Featured image of the article India: Reliance Retail steps up fund-raising ahead of possible IPO

An article by Sophie Baqué

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Publication

3 October 2023 à 16h49

Updated on 6 October 2023 à 16h01

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1 minute

Publication: 3 October 2023 à 16h49, Updated on 6 October 2023 à 16h01

Reading time: 1 minute

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An article by Sophie Baqué

Add mind Retail to your sources
Publication

3 October 2023 à 16h49

Updated on 6 October 2023 à 16h01

Reading time

1 minute

Publication: 3 October 2023 à 16h49, Updated on 6 October 2023 à 16h01

Reading time: 1 minute

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While Amazon and Walmart are stepping up investments in India, Reliance Retail Ventures (2022 sales of US$31.7 billion, net margin of 3.5% of sales) raised US$250 million from the New-York based fund KKR on September 11.

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Article authors
Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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