They wish to collaborate with firms from India and throughout the world, bring in additional clients, and support small enterprises. Over 3 million small businesses are receiving tools and a better method to service their consumers through RRVL's New Commerce company, which uses technology to assist them. The executive director, Ms. Isha Mukesh Ambani, expressed her delight in strengthening the partnership with ADIA and emphasized their ongoing support as investors. In a market that is rapidly changing, Mr. Hamad Shahwan Aldhaheri, Executive Director of the Private Equities Department at ADIA, lauded Reliance Retail for its rapid development and adaptability. The investment is in line with ADIA's policy of assisting businesses that are transforming and bettering the markets they serve. The transaction must receive the required approvals. Reliance Retail Ventures Limited received financial advice from Morgan Stanley and legal guidance from Cyril Amarchand Mangaldas and Davis Polk & Wardwell. The parent company of RRVL, Reliance Industries Limited, is India's largest private sector business, with operations in the areas of petrochemicals, renewable energy, retail, and digital services. The 1976-founded, globally diversified investment agency ADIA makes investments on behalf of the government of Abu Dhabi with an emphasis on long-term value in a variety of industries. ADIA's investment demonstrates its faith in the Indian economy and RRVL's operations. It aims to strengthen RRVL's position in India's burgeoning retail industry.
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