How Isha Ambani is shaping Reliance Retail into a leaner, stronger giant ready for the IPO spotlight
/2 min read
As Executive Director of Reliance Retail, Isha Ambani is leading a strategic transformation to streamline operations, drive growth, and prepare the company for a future IPO.
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Isha Ambani, Executive Director, Reliance Retail
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Reliance Retail Ventures Ltd (RRVL), which expanded from just over 2,600 stores to 19,340 stores in the past decade, has embarked on a strategic clean-up over the last year. As part of this overhaul, the company shut down 2,155 unprofitable stores and opened 2,659 new outlets with larger spaces and enhanced offerings. The move, supervised by Isha Ambani , is widely seen as part of the company’s efforts to make the retail behemoth IPO-ready, according to insiders.