Qatar’s QIA Puts $1B into Reliance Retail, Boosting Valuation to $100B

  • QIA, Qatar’s sovereign fund, plans to purchase a 0.99% stake in Reliance Retail for $1 billion.
  • The investment raises the valuation of India’s largest retail chain, which is aggressively expanding into e-commerce and new sectors, to $100 billion.
  • QIA sees Reliance’s strong vision and promising growth trajectory as a valuable addition to its diverse portfolio of investments in India.
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