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General Atlantic has decided to invest ₹3,675 crores into Reliance Retail Ventures Ltd. General Atlantic’s investment will translate into how much per cent equity stake in RRVL?

General Atlantic has decided to invest ₹3,675 crores into Reliance Retail Ventures Ltd. General Atlantic’s investment will translate into how much per cent equity stake in RRVL? Correct Answer 0.84%

The correct answer is 0.84%.

  • General Atlantic, a leading global growth equity firm has decided to invest ₹3,675 crores into Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries.
  • This investment values Reliance Retail at a pre-money equity value of ₹4.285 lakh crore.
  • General Atlantic’s investment will translate into a 0.84% equity stake in RRVL on a fully diluted basis.

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