Monday, November 16, 2020

Reliance Retail Acquires Urban Ladder for Rs. 182 Crore

Urban Ladder acquired by Reliance Retail

In a move that further illustrates how bullish Mukesh Ambani is about the e-commerce space in India, Reliance Retail has today acquired online furniture marketplace, Urban Ladder, for Rs. 182.12 crore (~$24.5 million) in an all-cash deal. According to Hindustan Times, the Mukesh Ambani-led company has bought a 96% stake in the fledgling e-commerce firm, […]

The article Reliance Retail Acquires Urban Ladder for Rs. 182 Crore was first published on Beebom



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