Global Firm KKR Invests ₹5550 Crore In Reliance's Retail Wing

Global Investment Company KKR will invest ₹5,550 crore in Reliance Retail Ventures Limited, said Reliance Group. Reportedly, KKR will own 1.28% of the equity stakes in RRVL in a fully diluted basis. Earlier, KKR invested ₹11,367 crore in Reliance's Jio platforms. "We look forward to working with KKR’s global platform, industry knowledge and operational expertise across our digital services and retail businesses," said Mukesh Ambani, Chairman, Reliance Group.