Reliance Retail

Ambani is looking to raise capital from global investors for these two verticals

Retail and Jio have together contributed 32% to the conglomerate’s EBITDA this year

Ambani expects these two verticals to soon contribute 50% to Reliance’s earnings

The MP chief minister has recently met the Reliance head Mukesh Ambani

Reliance is currently piloting its online-offline hybrid ecommerce model

Reliance Retail has a turnover of over 100K Cr in FY2019

Amazon is said to be eyeing a share of the India’s offline retail

Amazon was earlier in talks with another offline retail chain, Future Group

Reliance was reported to have a turnover of over 100K Cr in FY2019

The company is said to be hiring FMCG distributors on trials for this project

The official launch is expected to happen in August 2019

Reliance’s private label brands include Best Farms, Good Life, Masti Lite, and more

The new business model is said to bring small merchants online across India

Reliance Industries chairman Mukesh Ambani announced ecommerce plans in 2018

Reliance has aggressively acquired tech startups in the past few months

Reliance is looking to extend its services to a range of retailers

The company has begun trials in Bengaluru for apparel through Ajio Business

It plans to expand the pilot testing Andhra Pradesh and Telangana

The company cannot merge the data from its telecom and retail consumers, experts say

Reliance planned on doing so to create a robust ecommerce unit

Reliance’s ecommerce initiative will supposedly begin in April this year

RB offers popular consumer brands such as Dettol and Strepsils

It plans to offer products through brand specific websites

RB India has signed a deal with Gurugram-based logistics and supply chain company Cogent Transware

The ecommerce initiative will first roll out in Gujarat

Ambani announced the initiative during the Vibrant Gujarat Summit

The initiative will empower nearly 1.2 Mn small retailers and shopkeepers in the state

Jio point stores were launched in 2017 to extend the retail reach to Tier 2 and 3 towns

The initiative is set to start from April 2019

Jio users can order via kiosks with the help of store executives

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The online platform is an extension of Reliance Digital

Reliance Digital and smaller Jio stores will act as fulfilment centres for the online orders

Betting on its in-house after sales service brand ResQ