Reliance Industries Ltd.

General Atlantic, a leading global growth equity firm is planning to invest Rs 3,675 crore into Reliance Industries’ subsidiary -- Reliance Retail Ventures (RRVL). This investment by General Atlantic values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. General Atlantic’s investment will translate into a 0.84% equity stake in RRVL on a fully diluted basis.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.