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Reliance Retail acquires majority stake in Clovia for Rs 950 Cr

Reliance Retail Ventures (RRVL), has acquired a majority 89 per cent equity stake in Purple Panda Fashions Pvt Ltd. ....

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Reliance Retail Ventures acquires majority stake in Clovia, women's inner wear D2C brand

Reliance Retail Ventures acquires majority stake in Clovia, women's inner wear D2C brand ....

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Reliance Retail Acquires Majority Equity Stake In Lingerie Retailer Clovia

Mumbai: Reliance Retail Ventures Limited (RRVL) announced the acquisition of 89% equity stake in Purple Panda Fashions Private Limited, which owns and operates the Clovia business, with an investment of Rs 950 crore through a combination of secondary stake purchase and primary investment. The Founding team and management will own the balance stake in the Company. Launched in ....

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