The Reliance Retail Ventures Limited

In 2020, Reliance Industries wanted to raise a few thousand crores for its retail ambitions. It set up new entity called Reliance Retail Ventures Limited in the middle. This RRVL would be the holding company for all of Reliance's retail plans. And it was RRVL that sold a 10% stake to raise money. Even today, even today, Reliance doesn't seem to be acting stingy.