Manish Singh / TechCrunch:

Mukesh Ambani's Reliance Retail Ventures, which runs 18,500 stores and e-commerce platforms, raised $1B from Qatar's QIA for a 0.99% stake at a $100B valuation  —  Qatar's sovereign wealth fund is investing $1 billion in Reliance Retail as India's largest retail chain looks to expand its operations and enter new categories.

Manish Singh / TechCrunch:

Mukesh Ambani's Reliance Retail Ventures, which runs 18,500 stores and e-commerce platforms, raised $1B from Qatar's QIA for a 0.99% stake at a $100B valuation  —  Qatar's sovereign wealth fund is investing $1 billion in Reliance Retail as India's largest retail chain looks to expand its operations and enter new categories.

Source: TechMeme
Source Link: http://www.techmeme.com/230823/p12#a230823p12