KKR to invest Rs 5,500 crore in Reliance Retail – here’s why

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It was widely predicted that Reliance Retail Ventures Limited will pursue the business plan that had worked so well for Jio Platforms in terms of attracting big investors. In line with that, after raising $1.08 billion (Rs 11,367 crore) from Silver Lake earlier this month, Reliance Retail today announced that global investment firm KKR will chip in with Rs 5,550 crore. 

This investment values Reliance  Retail at a pre-money equity value of Rs 4.21 lakh crore. KKR’s investment will translate into a  1.28% equity stake in Reliance Retail. 

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