Reliance retail
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JioMart announces MS Dhoni as brand ambassador, sets stage for grand festive campaign
JioMart, a subsidiary of Reliance Retail, has enlisted Mahendra Singh Dhoni as its brand ambassador, who will make an appearance in a 45-second promotional...
Dunzo’s valuation may plummet to $200 Million as firm seeks approval for rights issue
The quick commerce startup Dunzo is in the process of obtaining the board's approval for a potential $35 million fundraising effort. However, there is...
Reliance Retail expands youth-fashion venture Yousta with a new store in Bilaspur
Reliance Retail, a leading player in the Indian retail industry, is advancing its youth-focused fashion retail venture, "Yousta," with the inauguration of a new...
Abu Dhabi Investment Authority set to invest $600 Million in Reliance Retail, further boosting valuation
After Qatar, yet another oil-rich Gulf sovereign fund, the Abu Dhabi Investment Authority (ADIA), is now following suit in its quest to secure a...
Dunzo may get $30-35 Million in funding, aims to cut fixed costs and reduce burn rate
Dunzo, the quick commerce startup supported by Reliance Retail, is facing challenges in securing additional funding. Sources indicate that the company may secure a...
Reliance Retail expands presence with two new Yousta stores in Kerala and Chhattisgarh
Reliance Retail recently opened two new Yousta stores this month: one in Edappal, Kerala, and the other in Bilaspur, Chhattisgarh, as confirmed by a...
Reliance Retail ventures into beauty and personal care with Tira, targets 100 locations nationwide
Reliance Retail Ltd. has entered the competitive $27 billion beauty and personal care market in India with the launch of Tira, its omnichannel beauty...
After QIA & KKR, Reliance Retail eyes additional $1.5 Billion investment from existing investors
Reliance Retail, the retail powerhouse led by Mukesh Ambani, is engaged in discussions with its current investors, which notably include sovereign wealth funds from...
Dunzo’s financial distress intensifies amidst shareholder disputes over valuation decrease
Differences among shareholders regarding the degree of Dunzo's valuation decrease are currently hindering the acquisition of fresh financing for the distressed quick commerce startup.People...
Reliance Retail officially confirms Milkbasket’s merger with JioMart; dismisses layoff rumors
Reliance Retail-owned Milkbasket has taken significant strides towards streamlining its operations. As part of this endeavor, the company is currently in the process of...
Reliance Retail’s Milkbasket sees top-level resignations after JioMart deal
Reliance Retail-owned subsidiary, Milkbasket, recently underwent a major transformation as it achieved full integration with JioMart. However, this significant milestone was accompanied by notable...
Reliance Retail’s Milkbasket to witness departure of 130 employees amid ongoing restructuring
According to sources, at least 130 employees of Milkbasket are set to lose their jobs due to a restructuring exercise being undertaken at the...