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Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.- Purplle pauses fundraising talks as founders bag Rs 90-100 crore stakeBeauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation o...
- Ambani's Reliance Jio: Businesses and investors of the IPO-bound firmReliance Jio Platforms, owned by billionaire Mukesh Ambani, is preparing to seek approvals for a Mumbai IPO that could become India’s bigge...
- Jio IPO set to be fully fresh funding; no OFSReliance Industries is shifting Jio Platforms' IPO from an offer for sale to a fresh issue due to investor disagreements on pricing. This m...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It is tough to think positively about the markets when all the news is about blockades, wars, and everything that can disturb the global ec...
- ADIA, KKR book a $1.5b space in Reliance Retail warehouseADIA and KKR invest $1.5 billion in RRVL's warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include ...
- ADIA to acquire 0.6% stake in Reliance Retail for Rs 4,967 croreThe investment values the subsidiary of Reliance Industries Ltd at a pre-money equity value of Rs 8.38 lakh crore, making Reliance Retail a...
- Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr sharesEarlier this month, Reliance Industries had announced KKR's investment of Rs 2,069.50 crore in RRVL, the holding company of the retail busi...
- Reliance Retail Ventures gets Rs 2,000 crore from KKRGlobal investment firm KKR is investing an additional ₹2,069.5 crore in Reliance Retail Ventures (RRVL), increasing its equity stake to 1.4...
- KKR to invest Rs 2,070 crore in Reliance Retail, raise stake to 1.42%; valuation doubles to Rs 8.36 lakh croreThe follow-on investment by KKR values the retail subsidiary of Reliance Industries at Rs 8.36 lakh crore (approximately $101 billion), whi...
- Reliance's retail arm receives Rs 5,550 crore from KKR for 1.28% stake sale"Reliance Retail Ventures Limited, a subsidiary of the company, today received the subscription amount of Rs 5,550 crore from Alyssum Asia ...
- Two US private equity funds to invest Rs 5,5oo crore into Reliance RetailPrivate equity firm General Atlantic (GA) will invest Rs 3,675 crore to acquire a 0.84% stake in Reliance Retail, while Silver Lake will ad...
- General Atlantic & TPG in talks to invest up to $1 billion each in Reliance RetailOne of them said the private equity funds are in talks to invest up to $1 billion each in the country’s largest retailer. In the past three...
- RIL gains as retail arm looks to buy electronics chain in South IndiaElectronics Mart, a consumer durables retail chain, operates 60 stores in South India with 1,200 employees on its roll.
- Sensex falls for 5th day, posts longest losing run in 6 monthsOvernight gains in the US markets, a deal between KKR and Reliance Retail and India and China decision to not send more troops to the conte...
- Mukesh Ambani bags second cheque for Reliance Retail in two weeks. KKR invests Rs 5,500 crore for 1.28% stakeKKR is making its investment from its Asia private equity funds. The transaction is subject to regulatory and other customary approvals.
- KKR to invest Rs 5,550 crore in Reliance Retail for 1.28% stakeThe investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore. This marks the second investment by KKR in a subsi...
- Reliance Retail-KKR deal fails to enthuse D-Street. RIL stock fairly valued, say analystsReliance Retail's valuation for the deal with KKR is the same as Silver Lake's Rs 7,500 crore deal for a 1.75 per cent stake earlier this m...
- RIL gains over 2% after KKR-Reliance Retail deal“This investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore. This marks the second investment by KKR in a sub...
- After Silver Lake, KKR could be the next big investor in Reliance RetailKKR is in discussions for a stake in Reliance Retail Ventures Ltd., a unit of the largest retailer in India, said the people, who asked not...
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