Reliance Retail to get Rs. 3,675 crore investment from General Atlantic
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Mukesh Ambani-owned Reliance Industries is set to get another investment as General Atlantic is going to invest Rs. 3,675 crore in Reliance Retail Ventures Limited, a subsidiary of Reliance Industries. With the investment, General Atlantic will acquire a 0.84% equity stake in RRVL. Earlier this year, General Atlantic had announced Rs. 6,598.38 crore investment in Jio Platforms, another subsidiary of Reliance Industries.