Reliance Retail’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Reliance Retail owns and operates a chain of wholesale stores that sells fruits, vegetables and grocery products for individuals and families. Read more

Reliance Retail owns and operates a chain of wholesale stores that sells fruits, vegetables and grocery products for individuals and families. Read more

V Subramaniam's photo - Managing Director of Reliance Retail

Managing Director

V Subramaniam

CEO Approval Rating

77/100

Founded:

2006

TOP COMPETITORS OR ALTERNATIVES

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Walmart India is one of Reliance Retail's top rivals. Walmart India is a Private company that was founded in 2007 in Gurgaon, Haryana. Walmart India competes in the Hypermarkets & Super Centers industry. Compared to Reliance Retail, Walmart India has 121,500 fewer employees.

Avenue Supermarts Ltd. is seen as one of Reliance Retail's biggest rivals. Avenue Supermarts Ltd. was founded in 2000 in Mumbai, Maharashtra. Avenue Supermarts Ltd. is in the Hypermarkets & Super Centers industry. Avenue Supermarts Ltd. generates $15.8B less revenue than Reliance Retail.

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Growth Score - 1/1

Is 125,000 a good estimate for Reliance Retail's Employee count?

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

-

Aug 2020

Source »
undisclosed
-
Netmeds Marketplace Ltd.

Aug 2020

Source »
$83.2M
NetMeds is an online pharmacy that allows users to buy prescription drugs, OTC medicines and healthcare products.
Future Group

Aug 2020

Source »
undisclosed
Future Lifestyle owns, operates and franchises a chain of retail shops offering apparels, cosmetics, fragrances, eyewear, watches and sportswear.
Future Consumer Ltd.

Aug 2020

Source »
undisclosed
Future Consumer is a distributor of processed and packaged food products that includes rice, wheat, spices and pulses.
Future Retail Limited

Aug 2020

Source »
undisclosed
Future Retail owns and operates a chain of supermarkets that sells household products, electronics, groceries, fruits, and vegetables.

These are all the companies that Reliance Retail has acquired. Reliance Retail has acquired 7 companies and its latest acquisition was in Aug 2020.

Reliance Retail Funding History

$4.1B

Since Reliance Retail was founded in 2006, it has participated in 4 rounds of funding. In total Reliance Retail has raised $4.1B. Reliance Retail's last funding round was on Oct 2020 for a total of $499.4M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Private Equity Round
Oct 2020
$499.4M

General Atlantic

Private Equity Round
Oct 2020
$1.9B
Private Equity Round
Sep 2020
$753.4M
Private Equity Round
Sep 2020
$1B

Total Funding: $4.1B

Since Reliance Retail was founded in 2006, it has participated in 4 rounds of funding. In total Reliance Retail has raised $4.1B. Reliance Retail's last funding round was on Oct 2020 for a total of $499.4M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

KaiOS is a developer of Linux-based mobile operating system that allows users to access 4G LTE, GPS and Wi-Fi services.
$7M
Mar 08, 2018
Equity
-

These are all the companies that Reliance Retail has invested in. Reliance Retail has invested 7 companies and its latest investment was in Aug 2020.

Reliance Retail News

October 26, 2020NDTV

As Amazon Wins Order, Reliance Retail and Future Retail Push Back

The Singapore-based single-judge arbitration court had restrained Future Retail from selling its reta... See more »
October 26, 2020The Hindu Business Line

Reliance Retail to go ahead with Future deal despite stay order

Says transaction was entered into under 'proper legal advice'... See more »
October 26, 2020Good Returns

Reliance Retail To Enforce Rights To Complete Future Group Deal

Reliance Retail Ventures has said that it would enforce its rights and complete the future group deal... See more »
October 26, 2020BW BUSINESSWORLD

Reliance Retail to aquire Future Group without any delay

Reliance Retail to aquire Future Group without any delay... See more »
October 25, 2020Entrackr

Amazon gets interim relief from Singapore; RIL denies any violation

In an interim relief to Amazon, Singapore-based single judge arbitration panel has ruled that Relianc... See more »
October 22, 2020The Hindu Business Line

Reliance Retail gets subscription amount of 3,675 crore from General Atlantic

Reliance Retail Ventures Ltd (RRVL), a wholly-owned subsidiary of Mukesh Ambani-controlled Reliance I... See more »
October 22, 2020India Infoline

RIL completes Rs3,675cr worth deal with General Atlantic via retail arm

This marks the second investment by General Atlantic in RIL, following an Rs6,598.38cr investment in ... See more »

Reliance Retail Press Releases

Headquarters

Lokmanya Tilak Marg, Dhobi Talao 3rd Floor, Court House

Mumbai, Maharashtra400 002

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Summary

ABOUT

Overview

Reliance Retail owns and operates a chain of wholesale stores that sells fruits, vegetables and grocery products for individuals and families. Reliance Retail was founded in 2006. Reliance Retail's headquarters is located in Mumbai, Maharashtra, IN 40...

CEO

Reliance Retail's Managing Director, V Subramaniam, currently has an approval rating of 77%. Reliance Retail's primary competitors are Walmart India, Avenue Supermarts Ltd. & Tesco.

Website

relianceretail.com

Frequently Asked Questions about Reliance Retail

  1. When was Reliance Retail founded?

    Reliance Retail was founded in 2006
  2. Who is Reliance Retail's CEO?

    Reliance Retail's CEO is V Subramaniam
  3. How much revenue does Reliance Retail generate?

    Reliance Retail generates $18.8B in revenue
  4. How much funding does Reliance Retail have?

    Reliance Retail has historically raised $4.1B in funding
  5. Where is Reliance Retail's headquarters?

    Reliance Retail's headquarters is in Mumbai Maharashtra, IN
  1. How many employees does Reliance Retail have?

    Reliance Retail has 125,000 employees
  2. What sector does Reliance Retail operate in?

    Reliance Retail is in Retail Distributors
  3. Who are Reliance Retail's competitors?

    Reliance Retail's top competitors are Walmart India, Avenue Supermarts Ltd., Tesco
  4. Who has Reliance Retail invested in?

    Reliance Retail's has invested in companies such as KaiOS