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Reliance Retail gets $447Mn from General Atlantic

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It seems as if the exact same storyline keeps repeating itself time and again. Yet another Jio Platforms investor is investing in yet another Reliance company. General Atlantic, which invested nearly $870Mn in Jio Platforms, is now announcing another $447Mn in investment, into Reliance Retail. The investment will provide the provide equity firm with 0.84% stake in Reliance Retail on a fully diluted basis.


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