General Atlantic will invest Rs 3,675 crore in Reliance Industries & Retail
Reliance Industries Limited & Reliance Retail Ventures Limited announced on Wednesday that General Atlantic would invest Rs 3,675 crore into RRVL, a subsidiary of Reliance Industries. This investment preferences Reliance Retail at a pre-money equity value of 4.285 lakh crore, stated the company. General Atlantic had earlier invested Rs 6,598.38 crore Reliance Jio. “I am…