KKR to invest Rs 5,500 crore in Reliance Retail for 1.28% stake

Global investment firm KKR will invest Rs 5,500 Cr into Reliance Retail that translates into 1.28% equity stake. KKR’s cheque values Reliance Retail at a pre-money equity value of Rs 4.21 L Cr. Private equity giant Silver Lake Partners was the first to invest Rs 7,500 Cr in Reliance Retail for 1.75% stake. With two cheques in two weeks, Ambani’s retail business has raised a total of Rs 13,050 Cr.

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