Reliance Retail’s JioMart transitions into a full-scale e-marketplace, offering not just home products, and groceries, but brands across categories like jewellery, beauty, electronics.
New-age wholesalers and distributors are directly competing with traditional distributors as they are supplying to the same network of kirana stores.
Mukesh Ambani has expanded the Reliance empire by betting big on telecom and retail.
The oil-to-telecom behemoth has created a strong balance sheet that supports growth plans for three hyper-growth engines—Jio, Retail, and O2C. And as part of CSR, it’s also in the healthcare space.
The oil-to-telecom conglomerate is trying its best to deal with the second wave of Covid-19-induced disruptions in its retail operations. But it will be difficult for Reliance Retail to escape unhurt.
Private equity firm Silver Lake to invest ₹7,500 crore in Mukesh Ambani-led Reliance Retail Ventures.
How Mukesh Ambani-led Reliance Industries is on a mission to prove the above statement right by stringing together its “pearls”—investments into apparently unrelated sectors.
