Metro, Just Dial, and more: Reliance Retail's key acquisitions so far

Reliance Retail on
acquiring spree

Isha Ambani-led Reliance Retail Ventures Ltd (RRVL) has been making a series of acquisitions to strengthen its dominant position in India's mammoth retail sector

Reliance's Acquisition of
Metro Cash & Carry India

RRVL has agreed to buy German firm Metro AG's wholesale operations in India for Rs 2,850 cr and will get access to a large base of registered kiranas and other institutional customers

Reliance's Stake in Dunzo

Reliance Industries Ltd's retail arm has invested Rs 1,600 cr for 25.8% stake in Bengaluru-headquartered Dunzo as it looks to get a foothold in India's rapidly growing market of quick delivery 

Reliance's Stake in Clovia

Reliance Retail acquired a majority stake of 89% in D2C brand Clovia for $125 million to expand its footprints in the apparel and innerwear categories

Reliance-Gap Partnership

Reliance Retail has entered into a long-term partnership with Gap Inc. to become the official retailer of iconic American fashion brand Gap in India across all channels in country

Reliance Acquires Just Dial

In September 2021, RRVL took control of Just Dial for Rs 5,710 cr, a deal that allowed Reliance access to the 25-year-old listings company’s merchant database 

Reliance' Tie-Up With Designer Brands

Mukesh Ambani-led Reliance has invested in multiple designer brands including Abu Jani Sandeep Khosla, Satya Paul, Ritu Kumar, Raghavendra Rathore, ak-ok, Manish Malhotra, A&T and also has a JV with Rahul Mishra

Reliance-Future deal gets
derailed

In August 2020, Reliance announced a Rs 24,713-crore deal to acquire the retail business of Future group but the deal was called off in April 2022

Reliance Retail's growth

Reliance Retail is ranked 56th amongst the top global retailers with $18 bn in revenues. It is the world's second-fastest-growing retail company behind only South Korea's Coupang

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