About Reliance Retail
Reliance Retail is a Retail company based in Mumbai (India) founded in 2006 by Mukesh Ambani. Reliance Retail has raised $7.67 billion across 9 funding rounds from investors including KKR, TPG and General Atlantic. The company has 43,024 employees. Reliance Retail has completed 26 acquisitions, including Abraham & Thakore, Abu Jani Sandeep Khosla Designers and Addverb. Reliance Retail was last valued at $100 billion in September 2023. Its chief executive, as recorded, is Kumar Nitesh. Its website relianceretail.com draws about 2.1 million monthly visits. Its Indian entity Reliance Retail Limited reported revenue of ₹293,954 Cr. Reliance Retail offers products and services including Groceries and Fashion Products. Its focus areas include Consumer Goods, Retail Chains and Horizontal.
Company details
Retail chain offering diversified products. Its product range includes groceries, apparel, footwear, electronics, home improvement products, and farm implements. It also operates a diverse range of store formats to cater to various consumer needs, that includes food, grocery, consumer electronics, fashion, lifestyle, and pharmaceuticals.
- Headquarters Mumbai, India
- Employees 43,024
- Founders Mukesh Ambani
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website relianceretail.com
- Social LinkedIn X Facebook
- Legal Name Reliance Retail Ltd
- Date of Incorporation 29 Jun, 1999
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹293,954 Cr
FY 2026 · +8% YoY
- Net Profit₹13,476 Cr
FY 2026 · 5% margin
- EBITDA₹23,587 Cr
FY 2026 · 8% margin
- Total Equity Funding$7.67B (USD)
in 9 rounds
- Latest Funding Round$250M (USD), Private Equity Round
Sep 2023
- InvestorsKKR
& 8 more
- Employee Count43,024
- Investments & AcquisitionsAbraham & Thakore
& 25 more
Associated legal entities of Reliance Retail
Reliance Retail operates through Reliance Retail Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Reliance Retail Limited CIN U01100MH1999PLC120563 | Active | 29 Jun 1999 | Mumbai, Maharashtra | ₹293,954 Cr | 43,024 | 11 | View details |
Products & Services of Reliance Retail
Reliance Retail offers a comprehensive portfolio of products and services, including Groceries and Fashion Products.
Groceries and daily essentials are offered through supermarket chains to provide availability and value to customers
Fashion items and accessories are provided via retail stores to enhance customer choices in clothing and related segments
Funding Insights of Reliance Retail
Reliance Retail has successfully raised a total of $7.67B across 9 strategic funding rounds. The most recent funding activity was a Private Equity Round of $250 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.67B
- Total Rounds 9
- Last Round Private Equity Round — $250M
- First Round $1.02B
(Sep 2020)
- Investors Count 9
All 9 funding rounds of Reliance Retail with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $250M | Private Equity Round | $100B | KKR | – |
| Sep 2023 | $994.7M | Private Equity Round | – | Qatar Investment Authority | – |
| Nov 2020 | $1.3B | Private Equity Round | $62.4B | Public Investment Fund | – |
| Oct 2020 | $747.96M | Private Equity Round | – | ADIA | – |
| Oct 2020 | $1B | Private Equity Round | – | GIC | |
| Oct 2020 | $1.1B | Private Equity Round | – | Mubadala | – |
| Sep 2020 | $497.8M | Private Equity Round | – | General Atlantic | – |
| Sep 2020 | $754.47M | Private Equity Round | – | KKR | – |
| Sep 2020 | $1.02B | Private Equity Round | – | Silver Lake | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2023 | $100B | •••••••• |
| Nov 2020 | $62.4B | •••••••• |
Last known valuation $100B (Sep 2023). 9 investors in total: 9 institutional.
Investors in Reliance Retail
Reliance Retail has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, TPG and General Atlantic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Technology investing and private equity firm focused on partnerships. | silverlake.com | |||
A sovereign wealth fund backed by Qatar, managing investments and funds. | 2005 | qia.qa | Doha, Qatar | |
Long-term value is created through diversified sovereign wealth investments. | adia.ae | Abu Dhabi, United Arab Emirates | ||
Sovereign wealth fund of United Arab Emirates | 2002 | mubadala.com | Abu Dhabi, United Arab Emirates | |
Manages investments in energy, real estate, and technology to support national development. | 1971 | pif.gov.sa | Riyadh, Saudi Arabia |
Investor details for Reliance Retail
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Board of directors of Reliance Retail Limited (Reliance Retail)
Reliance Retail Limited is the primary company behind Reliance Retail. The board of Reliance Retail Limited currently have 9 directors; the longest-serving is Pankaj Mohan Pawar, appointed in 2010. 29 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Mohan Pawar DIN 00085077 | Director | 01 Oct 2010 | 16 yrs 1 mo | Reliance Retail Limited |
| Sanjay Jog DIN 01727602 | Director | 22 Sep 2014 | 12 yrs 1 mo | Reliance Retail Limited |
| Geeta Kalyandas Fulwadaya DIN 03341926 | Director | 25 Mar 2015 | 11 yrs 7 mo | Reliance Retail Limited |
| Venkatachalam Subramaniam DIN 00009621 | Whole-time director | 07 Dec 2016 | 9 yrs 10 mo | Reliance Retail Limited |
| Ranjit Vasant Pandit DIN 00782296 | Director | 17 Apr 2017 | 9 yrs 6 mo | Reliance Retail Limited |
| Dipak Chand Jain DIN 00228513 | Director | 25 Jul 2018 | 8 yrs 3 mo | Reliance Retail Limited |
| Adil Zainulbhai DIN 06646490 | Director | 20 Oct 2022 | 4 yrs | Reliance Retail Limited |
| Anshu Prakash DIN 03540028 | Director | 01 Dec 2022 | 3 yrs 11 mo | Reliance Retail Limited |
| Shumeet Banerji DIN 02787784 | Director | 01 Apr 2024 | 2 yrs 7 mo | Reliance Retail Limited |
People of Reliance Retail
222 people are tracked at Reliance Retail (97 in leadership, 9 in board & advisors, 116 in team); the tracked headcount is 43,024.
| Name | Role | Group |
|---|---|---|
Mukesh Ambani | Founder | Leadership |
Kumar Nitesh | CEO | Leadership |
Sandeep Dutta | Vice President – Hr, Strategy & Business Transformation | Leadership |
Ashutosh Sharma | Chief HR Officer, Bio Energy Business | Leadership |
Kapil Yeole | Head Site Technology (central Technical Services) | Leadership |
Vishal Shah | Reliability Section Head | Leadership |
Jagadish Jawale | Section Head -design | Leadership |
Kannan Rajendran | Sr Vice President | Leadership |
Pratik Thakkar | Deputy General Manager IT | Leadership |
Parimal Parikh | Deputy General Manager - Technical Services Laboratory | Leadership |
Jahangir Shah | State Head - Karnataka - B2b Sales And Marketing | Leadership |
Aarti Jhingon | Head - Talent Management, People Development | Leadership |
Bijay Sahoo | Group President - Strategic HR , Chairman's Office | Leadership |
Abhay Gupta | Engineering And Maintenance Head | Leadership |
Jainam Shah | Executive Assistant To Director Of Corporate Affairs | Leadership |
Mukesh D. Ambani | Chairman & Managing Director | Leadership |
Meenakshy Sridhar | Vice President- Hr- New Energy And Project Lead - Chairman’s Office | Leadership |
Rajan Gandhi | Group President Corporate Affairs | Leadership |
Mona Singh | Vice President Information Technology | Leadership |
yogesh T | VP HR | Leadership |
202 more people are available in the full profile.
Complete people profiles for Reliance Retail
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Financials of Reliance Retail
Figures of Reliance Retail Limited, the primary company behind Reliance Retail, for FY 2026. Revenue was ₹293,954 Cr (+8% year on year). Net profit was ₹13,476 Cr (5% margin). EBITDA was ₹23,587 Cr (8% margin). Revenue has grown at a compounded annual rate of +10% over three years and +16% over five years.
- ₹293,954 CrRevenue · FY 2026 · +8% YoY
- ₹13,476 CrNet profit · 5% margin
- ₹23,587 CrEBITDA · 8% margin
- ₹8,987 CrPaid-up capital
- 43,024Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Reliance Retail Limited are on its company page.
Detailed financial statements for Reliance Retail
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Investments & Acquisitions by Reliance Retail
Reliance Retail has strategically engaged in corporate development activities, having acquired 26 companies. Notable acquisitions include Abraham & Thakore, Abu Jani Sandeep Khosla Designers and Addverb.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Pure skincare, wellness, and beauty products are sourced online. | pahadilocal.com | Parwanoo, India | 2009 | Mar 2026 | •••• | |
Refrigerators, air conditioners, washing machines, and air coolers are retailed. | kelvinator.in | 0 | Jul 2025 | •••• | ||
Retailer of major appliances including refrigerators, freezers, cookers, washers, and dryers | kelvinator-home.com | 0 | Jul 2025 | •••• | ||
Eyewear and prescription lenses are retailed by LensCrafters brand. | lenscrafters.com | Mason, United States | 1983 | Mar 2024 | •••• | |
Manufacturer of sugar and confectionery products, mainly toffees. | ravalgaon.in | Mumbai, India | 1933 | Feb 2024 | $3.25M | |
Eco-friendly apparel for kids and mothers is offered online. | edamamma.com | Mumbai, India | 2020 | Sep 2023 | •••• | |
Nutrition drinks are branded and distributed by Raskik in India. | raskik.com | Gurugram, India | 2019 | Apr 2023 | •••• | |
Retailer of footwear and apparel products | vretail.tcc.mode | Hyderabad, India | 2009 | Jan 2023 | •••• | |
Footwear, wallets, and handbags are retailed by Centro in India. | centro.style | Hyderabad, India | 2009 | Jan 2023 | •••• | |
Wholesaler of fashion, food, and personal care products | metro.co.in | Bengaluru, India | 2003 | Dec 2022 | $344.09M |
Complete acquisition details for Reliance Retail
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Timeline of Reliance Retail
14 dated milestones of Reliance Retail across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Reliance Retail is founded.
- Funding First funding round of $1.0B.
- Milestone Reaches Decacorn status.
- Acquisition Acquires METRO Cash & Carry.
- Acquisition Acquires Centro.Style.
- Acquisition Acquires V Retail.
- Acquisition Acquires Raskik.
- Acquisition Acquires Ed-a-Mamma.
- Funding Latest funding round, Private Equity Round, of $250.0M.
- Acquisition Acquires Ravalgaon Sugar Farm.
- Acquisition Acquires LensCrafters.
- Acquisition Acquires KelvinatorHome.
- Acquisition Acquires Kelvinator.
- Acquisition Acquires Pahadi Local.
Web traffic of Reliance Retail
The website of Reliance Retail (relianceretail.com) receives about 2.1M visits a month.
- Monthly visits2.1M
▼ 29.7% vs previous month
Websites whose visitors overlap most with Reliance Retail. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
dmart.in | dmart.in | 100% | #23,939 | – | |
| meesho.com | 89% | 54.7M | #606 | View details | |
| desidime.com | 84% | 5.2M | #11,597 | View details | |
| metro.co.in | 75% | 72.5K | #421,852 | View details | |
| jiomart.com | 68% | 22.4M | #1,363 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Reliance Retail
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Top companies in Retail Stores & Chains
2 companies that operate in the same segment as Reliance Retail (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Multi-format offline retail is operated in India. | 1997 | Mumbai, Maharashtra, India | USD 3.41 B | USD 280.87 K | 32 |
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Related news about Reliance Retail
Complete news archive for Reliance Retail
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Articles about Reliance Retail on our blog
Frequently Asked Questions about Reliance Retail
Reliance Retail was founded in 2006 and raised its 1st funding round 14 years after it was founded.
Reliance Retail is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kumar Nitesh is the CEO of Reliance Retail, as recorded in our data.
Reliance Retail is a funded company, having raised a total of $7.67B across 9 funding rounds to date. The company's 1st funding round was a Private Equity Round of $1.02B, raised on Sep 2020.
Reliance Retail has 43,024 employees.
The primary company behind Reliance Retail, Reliance Retail Limited, reported revenue of ₹293,954 Cr for FY 2026, up 8% year on year.
Retail chain offering diversified products. Its product range includes groceries, apparel, footwear, electronics, home improvement products, and farm implements. It also operates a diverse range of store formats to cater to various consumer needs, that includes food, grocery, consumer electronics, fashion, lifestyle, and pharmaceuticals.
Reliance Retail offers Groceries and Fashion Products.
Reliance Retail has made 26 acquisitions, including Abraham & Thakore, Abu Jani Sandeep Khosla Designers, and Addverb.
Reliance Retail has 9 investors. Key investors include KKR, TPG, General Atlantic, Mubadala, and Qatar Investment Authority.
The valuation of Reliance Retail is $100B as of Sep 2023.
Reliance Retail operates through Reliance Retail Limited.