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Reliance Retail raises Rs 3,600 Crore from General Atlantic in exchange for 0.84% equity stake

Reliance Retail raises Rs 3,600 Crore from General Atlantic in exchange for 0.84% equity stake

The investment was made at a pre-money equity value of Rs 4.285 Lakh crore

In May 2020, General Atlantic invested INR 6.6K Cr in Jio Platforms

General Atlantic has had over 374 growth investments overall

The U.S growth equity firm has over $35 billion assets under management

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