Giving a significant push to Reliance Retail, Isha Ambani has launched Ajiogram, a D2C-focused e-commerce platform. Reliance Retail is currently valued at a massive Rs 8.4 lakh crore.
Ed-a-Mamma, founded by Alia Bhatt in 2020 as an apparel brand for 2–12 year-olds, resonated deeply with both young parents and children through its emphasis on natural fabrics and nature themes, says Reliance Retail.
Reliance Retail’s valuation has doubled in the last 3 years. Mukesh Ambani named Isha Ambani as new leader of Reliance Retail in August 2022 and since then the company has been aggressive with the expansion.
The valuation of Reliance Retail has almost doubled to ₹8.28 lakh cr in less than three years from ₹4.28 lakh cr in Sept 2020, says RIL chairman at the 46th AGM