Reliance Retail Venture Ltd (RRVL), the retail arm of Reliance Industries Ltd (RIL), is expected to attract further investment from global investors. Mukesh Ambani, Chairman and Managing Director of RIL, announced that several major global strategic and financial investors have shown keen interest in Reliance Retail. He mentioned that if the retail venture were listed on stock exchanges based on its current valuation, it would rank among the top four listed entities. He also highlighted the recent acquisition of a 1% stake by Qatar Investment Authority in RRVL at a valuation of $100 billion, doubling in less than three years. The company has raised funds from various investors to fuel its aggressive expansion efforts and acquisition of international brands’ franchise rights for the Indian market.