Reliance Retail

GPTW certified. One of India's Top 100 workplaces in 2023-24

General Information
Company Name
Reliance Retail
Founded Year
2006
Location (Offices)
Mumbai, India
Founders / Decision Makers
Number of Employees
62175
Industries
Consumer Goods, Food and Beverage, Retail
Funding Stage
Private Equity
Social Media

Reliance Retail - Company Profile

Reliance Retail, founded in 2006, is the retail arm of RIL and a key player in India's consumer goods and retail sectors. The company has achieved significant milestones, including being certified as one of India's Top 100 workplaces in 2023-24. Reliance Retail has earned global recognition, ranking as the fastest-growing retailer worldwide and securing the 53rd position among the Top Global Retailers. Notably, it is the sole Indian retailer to feature in the Top 100 list. With an expansive reach and substantial profitability, the company boasts nearly 249 million registered customers purchasing across its various formats. In FY23, Reliance Retail recorded an unparalleled 780 million footfalls across its stores, showcasing its massive scale and dominance in the Indian retail landscape. The last investment of $600.00M in a Private Equity Round on October 6, 2023, came from the Abu Dhabi Investment Authority, signifying external confidence in the company's growth potential. As the largest and most profitable retailer in India, its operations touch the lives of millions daily, processing over 3 million transactions on a daily basis. However, it is important to note that the company has issued warnings regarding fraudulent activities related to job offers and employment, emphasizing a cautious approach to recruitment. Reliance Retail's enduring impact on the consumer goods and retail landscape in India is a testament to the strength and potential of the company.

Taxonomy: Consumer-Facing Business, Fastest-Growing Retailer, Global Retailer, Indian Retailer, Largest Retailer, Profitable Retailer, Customer Reach, Footfalls, Transactions, Corporate Fraud, Employment Caution, Job Security, Employment Practices, Vigilance

Funding Rounds & Investors of Reliance Retail (9)

View All
Funding Stage Amount No. Investors Investors Date
Private Equity Round $600.00M 1 06 Oct 2023
Private Equity Round INR20.70B 1 Kohlberg Kravis Roberts 11 Sep 2023
Private Equity Round INR82.78B 1 23 Aug 2023
Private Equity Round INR95.55B 1 06 Nov 2020
Private Equity Round INR55.13B 1 06 Oct 2020

View All 9 Funding Rounds

Similar Companies to Reliance Retail

View All

No funding or investment information available for Reliance Retail at this time.