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Reliance Retail in talks with Gulf, Singapore funds on $1 5 bn injection, ET Retail

Reliance Retail is India s largest retailer and is led by Asia s richest person Mukesh Ambani. The talks with investors are part of an internal targto raise $3.5 billion which the company wants to close by the end September, Reuters has reported. Of that, QIA last month announced a $1 billion investment and KKR & Co this week $250 million.

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