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Reliance Retail logo — GPTW certified. One of India's Top 100 workplaces in 2023-24

Reliance Retail

GPTW certified. One of India's Top 100 workplaces in 2023-24

Founded 2006 India Mumbai, India 62175 employees Private Equity Total: $502.75B Consumer Goods, Food and Beverage +1

General Information

Company Name Reliance Retail
Founded Year 2006
Location India Mumbai, India
Founders / Decision Makers
Team member
Employees 62175
Industries Consumer Goods, Food and Beverage, Retail
Funding Stage Private Equity
Social

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About Reliance Retail

Reliance Retail, founded in 2006, is the retail arm of RIL and a key player in India's consumer goods and retail sectors. The company has achieved significant milestones, including being certified as one of India's Top 100 workplaces in 2023-24. Reliance Retail has earned global recognition, ranking as the fastest-growing retailer worldwide and securing the 53rd position among the Top Global Retailers. Notably, it is the sole Indian retailer to feature in the Top 100 list. With an expansive reach and substantial profitability, the company boasts nearly 249 million registered customers purchasing across its various formats. In FY23, Reliance Retail recorded an unparalleled 780 million footfalls across its stores, showcasing its massive scale and dominance in the Indian retail landscape. The last investment of $600.00M in a Private Equity Round on October 6, 2023, came from the Abu Dhabi Investment Authority, signifying external confidence in the company's growth potential. As the largest and most profitable retailer in India, its operations touch the lives of millions daily, processing over 3 million transactions on a daily basis. However, it is important to note that the company has issued warnings regarding fraudulent activities related to job offers and employment, emphasizing a cautious approach to recruitment. Reliance Retail's enduring impact on the consumer goods and retail landscape in India is a testament to the strength and potential of the company.

Taxonomy: Consumer-Facing Business, Fastest-Growing Retailer, Global Retailer, Indian Retailer, Largest Retailer, Profitable Retailer, Customer Reach, Footfalls, Transactions, Corporate Fraud, Employment Caution, Job Security, Employment Practices, Vigilance

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 1
Investor
06 Oct 2023
Private Equity Round •••••• 1 •••• •••• 11 Sep 2023
Private Equity Round •••••• 1
Investor
23 Aug 2023
Private Equity Round •••••• 1
Investor
06 Nov 2020
Private Equity Round •••••• 1
Investor
06 Oct 2020

View All 9 Funding Rounds

Latest News

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Amazon quietly launches Bazaar to sell fast-fashion and lifestyle products in India — Techcrunch
Amazon quietly launches Bazaar to sell fast-fashion and lifestyle products in India
Techcrunch Apr 05, 2024

FAQ About Reliance Retail

GPTW certified. One of India's Top 100 workplaces in 2023-24
Reliance Retail was founded in 2006.
Reliance Retail is headquartered in Mumbai, India.
Reliance Retail operates in the following industries: Consumer Goods, Food and Beverage, Retail.
Reliance Retail has approximately 62175 employees.
Reliance Retail has completed 9 funding rounds, raising a total of $502.75B. The latest funding stage is Private Equity.

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