Headquarters: Mumbai, Maharashtra, India
Founded: 2006
Founder(s): Mukesh Ambani
Notable Investors: Saudi Arabia’s Public Investment Fund (SA-PIF), Abu Dhabi Investment Authority (ADIA), TPG, Silver Lake, Mubadala, Kohlberg Kravis Roberts (KKR)
Reliance Retail is the retail initiative of the Reliance Industries Limited and an epicenter of their consumer facing businesses. It has in a short time forged strong and enduring bonds with millions of consumers by providing them unlimited choice, outstanding value proposition, superior quality and unmatched experience across all its retail stores. Since its inception in 2006, Reliance Retail has grown to cater to millions of customers, and thousands of farmers and vendors.
Reliance Retail has been ranked as the fastest growing retailer in the world. It is ranked 56th in Deloitte’s 2022 list of Top Global Retailers and is the only Indian Retailer to feature in the Top 100.
Reliance Retail has more than 150 million loyal customers buying across all its formats. It recorded more than 640 million footfalls across all its stores in FY20, a scale unmatched by any other retailer in India.
Reliance Retail operates 15,196 stores across 7,000+ cities with a retail area of over 41.6 million sft. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs.