KKR to invest Rs 2,069.5cr in Reliance Retail Ventures Limited

KKR to invest Rs 2,069.5cr in Reliance Retail Ventures Limited

Global investment firm KKR will invest ₹2,069.50 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited. The investment elevates RRVL’s pre-money equity value to ₹8.361 lakh crore, ranking it among India’s top four companies by equity value. KKR’s Follow-On Investment and Equity Stake The additional investment will result in a 0.25% […]

KKR to acquire digital engineering company Ness Digital Engineering

KKR to acquire digital engineering company Ness Digital Engineering

Global investment firm KKR has agreed to acquire digital engineering company Ness Digital Engineering from The Rohatyn Group (TRG) for an undisclosed price. KKR is funding the acquisition through its Asian Fund IV. Based in Teaneck, New Jersey, and established in 1998, Ness Digital Engineering provides end-to-end digital transformation services, specializing in developing digital software […]