Metro, Just Dial, and more: Reliance Retail's key acquisitions so far

[{ "selector": ".ummei-a", "duration": "1500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Reliance Retail on
acquiring spree

Isha Ambani-led Reliance Retail Ventures Ltd (RRVL) has been making a series of acquisitions to strengthen its dominant position in India's mammoth retail sector [{ "selector": ".bjola-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 411px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Reliance's Acquisition of
Metro Cash & Carry India

RRVL has agreed to buy German firm Metro AG's wholesale operations in India for Rs 2,850 cr and will get access to a large base of registered kiranas and other institutional customers [{ "selector": ".ipfwb-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(-215.10932567866166px)", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Reliance's Stake in Dunzo

Reliance Industries Ltd's retail arm has invested Rs 1,600 cr for 25.8% stake in Bengaluru-headquartered Dunzo as it looks to get a foothold in India's rapidly growing market of quick delivery [{ "selector": ".jrsln-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 388px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Reliance's Stake in Clovia

Reliance Retail acquired a majority stake of 89% in D2C brand Clovia for $125 million to expand its footprints in the apparel and innerwear categories [{ "selector": ".lgobl-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 433px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Reliance-Gap Partnership

Reliance Retail has entered into a long-term partnership with Gap Inc. to become the official retailer of iconic American fashion brand Gap in India across all channels in country [{ "selector": ".rkzgw-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 419px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Reliance Acquires Just Dial

In September 2021, RRVL took control of Just Dial for Rs 5,710 cr, a deal that allowed Reliance access to the 25-year-old listings company’s merchant database [{ "selector": ".iqmet-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 399px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Reliance' Tie-Up With Designer Brands

Mukesh Ambani-led Reliance has invested in multiple designer brands including Abu Jani Sandeep Khosla, Satya Paul, Ritu Kumar, Raghavendra Rathore, ak-ok, Manish Malhotra, A&T and also has a JV with Rahul Mishra [{ "selector": ".xrqra-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 390px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Reliance-Future deal gets
derailed

In August 2020, Reliance announced a Rs 24,713-crore deal to acquire the retail business of Future group but the deal was called off in April 2022 [{ "selector": ".efecx-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 420px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Reliance Retail's growth

Reliance Retail is ranked 56th amongst the top global retailers with $18 bn in revenues. It is the world's second-fastest-growing retail company behind only South Korea's Coupang [{ "selector": ".ocatu-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 398px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Next Visual Story

IPL Auction 2023: Most Expensive Players In IPL History Produced by: Jagannath Designed by: Pragati [{ "selector": ".cjdec-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".gnzkp-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".wmgxt-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }] Click Here

Related Stories ‘She kept pushing herself...’: Revealed, the economic cost of toxic workplaces How to identify a bad boss: 12 signs of a toxic manager. Do you report to one? Mukesh Ambani's 67th Birthday: Intriguing facts about India's wealthiest man Year Ender 2023 | What made headlines in world of business: Adani-Hindenburg Report row, Twitter rebrands as X, Narayana Murthy sparks 70-hour work week debate, birth of Reliance’s Jio Financial