This strategic investment values RRVL at a pre-money equity value of Rs 8.27 lakh crore. The Qatar-based sovereign wealth fund’s investment will translate into a minority equity stake of 0.99% on a fully-diluted basis.
The move comes amidst a surge in Qatar’s investments in India. QIA aims to support innovative and high-growth potential companies in India’s rapidly expanding retail market. The investment reflects a positive outlook for the Indian economy and affirms confidence in Reliance’s retail business model, strategy, and execution capabilities.
هذه القصة مأخوذة من طبعة August 24, 2023 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة August 24, 2023 من The Business Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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