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ADIA and KKR invest $1.5 billion in RRVL's warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include debt, NCDs, and equity. RRVL's growth supported by investments and strategic partnerships.
Abu Dhabi Investment Authority (ADIA) and KKR have invested in Reliance Retail Ventures Ltds warehousing assets in a deal pegged at ₹12,864 crore ($1.5 billion), said people aware of the development.
Two global companies have invested in Reliance's retail arm, Reliance Retail Ventures Ltd’s (RRVL) warehousing assets.
Parent Shriram Finance, which is mainly into commercial vehicle financing, owns 84.82 percent in Shriram Housing Finance, while 14.94 percent stake is held by San Fransisco, California-based private equity player Valiant Capital Management
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], April 26: Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, today revealed the winners of the South Asia Innovation Awards 2024 in Mumbai, India. 16 companies in India and one in Sri Lanka received awards for their exceptional innovation performance. Business News | Clarivate Announces Winners of the South Asia Innovation Awards 2024.