KKR invests $250 million in Reliance Retail at $100 billion valuation

KKR is doubling down on its bet in Reliance Retail, valuing India’s largest retail chain at $100 billion in a fresh $250 million investment. The deal follows the Qatar Investment Authority investing $1 billion in Mukesh Ambani’s retail empire just last month. The New York-headquartered private equity firm KKR invested about $755 million in Reliance […]