Reliance Retail Nears $2.5B Funding

RelianceRetail

02 September 2023, Mumbai

IN BRIEF

Reliance Retail Ventures is in advanced talks with global investors to secure $2.5 billion in funding by September. This is part of the company's $3.5 billion fundraising target, with $1 billion already pledged by Qatar Investment Authority (QIA) last month.

Reliance Retail has confirmed that it is evaluating various opportunities, amid media speculation about a potential stock market debut.

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