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KKR invests Rs 5,550 crore in Reliance Retail, acquires 1.28% stake

KKR invests Rs 5,550 crore in Reliance Retail, acquires 1.28% stake

The investment values RRVL,the  Reliance Retail subsidy at Rs 4.21 lakh crore

US private equity firm Silver Lake recently  invested Rs 7,500 crore in RRVL for a 1.75% stake

Within this month, the retail firm has raised a total fund of Rs 13,050 crore

KKR’s funding comes shortly after it invested Rs 11,367 crore in Jio Platforms for 2.32% stake

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