Reliance Retail has recently acquired a controlling stake in Indian search and discovery firm Just Dial for US$469m. B2B marketplace that is free for users, but charges a fee for listings Market leader Reliance Retail has acquired a 41% stake in Just Dial, and plans to make an open offer to acquire an additional 26% stake later.  B2B marketplace Just Dial offers local search and ecommerce s...

Flipkart has recently raised an additional US$ 3.6bn in its first external funding since it was acquired by Walmart in 2018.  The deal now values the company at US$ 37.6bn. Walmart-owned Flipkart doubles its valuation in less than three years After Walmart has acquired a 77% stake in Flipkart for US$ 16bn in 2018, it has expanded its operations to smaller towns and cities, added more items ...

Hindustan Unilever Limited (HUL) is working together with Reliance Retail in India to launch an in-store vending machine for its home care products.  This machine allows customers to refill any bottle with Surf Excel, Comfort and Vim, enabling lower plastic usage in the country. Customers can bring their own bottle or purchase a recyclable container from Reliance Smart Several suppliers fin...