The Covid havoc didn't stopped Reliance Industries in achieveing fresh investments from various Private Equities and Institutional Investors. After the success of Jio Platform, the focus of market has shifted towards Reliance Retail, a subsidiary of Reliance Industries and India's largest Retailer network with more than 11,000 stores across 6700+ cities. This was further drawn by the acquisition of Future Group by RIL for $3.4 Billion, giving access to an additional 1800+ stores across different channels.

The overall Retail Market in India - including the organised and unorganised sectors is estimated at $825 Billion. Of this, the organised retail accounts for only 12%, in which only 30% is the estimated size of E-commerce segment at $30 Billion. Reliance Retail might be a small player as compared to Global Giants - Walmart, Tesco PLC, Amazon, but where Reliance retail is able to attract more investors is their EV to EBIDTA ratio, which is DOUBLE than Walmart, and TRIPLE in case of Tesco.

With more acquisitions in healthcare (Netmeds), fashion (Zivame), the focus of reliance retail is to have a curated E-commerce platform at par with their Global Competitors.


See Full Report at: