Reliance invests Rs 30,000 crore in retail in FY22
In FY22, Reliance Retail bought a majority stake in Just Dial, signed a master franchise agreement with 7-Eleven, Inc. for the opening and quick expansion of 7-Eleven convenience stores in India, bought Milkbasket, a daily micro delivery platform with a subscription model, and bought stakes in several Indian designer labels, including Ritu Kumar and Manish Malhotra.