Reliance Industries: ADIA and KKR invest $1.5 billion in RRVL s warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include debt, NCDs, and equity. RRVL s growth supported by investments and strategic partnerships.
ADIA and KKR invest $1.5 billion in RRVL s warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include debt, NCDs, and equity. RRVL s growth supported by investments and strategic partnerships.
Abu Dhabi Investment Authority (ADIA) and KKR have invested in Reliance Retail Ventures Ltds warehousing assets in a deal pegged at ₹12,864 crore ($1.5 billion), said people aware of the development.
Udaan was eyeing an IPO in 2023. But the viability of its business was questioned revenue dropped massively in FY23 and the company continued to make heavy losses. The B2B commerce company now has a new deadline to hit the public markets. A new business model, too.
Mukesh Ambani has been expanding his reach in the digital technologies domain over the past few years and his aid Manoj Modi has reportedly helped him to sign some great deals