Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet

By Shubhobrota Dev Roy

  • 27 Sep 2023
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Credit: Reuters

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is looking to pick up an additional stake in billionaire Mukesh Ambani-led Reliance Industries Ltd’s retail arm, a media report said.   ADIA, which is already an investor in Reliance Retail Ventures (RRVL), is seeking to infuse $600 million into the company, The Economic Times reported, citing people close to the development.   ADIA bought a 1.2% stake in RRVL for ......

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