Tag: Ed-a-Mamma

BENGALURU: Reliance Retail Ventures, India's biggest retailer, said on Wednesday it would take a 51% stake in domestic kid's clothing brand, Ed-a-Mamma, pursuing its aggressive expansion ahead of a potential stock market listing.Billionaire Mukesh Ambani's Reliance Retail Ventures raised $1 billion from Qatar Investment Authority at a $100 billion valuation last month and is in talks with global investors to raise around $2.5 billion more by the end of September.Reliance Retail has more than 18,000 retail outlets, selling everything from groceries to electronics. In the apparel space, it...