Beyond Jio: Unveiling the Diverse Portfolio of Mukesh Ambani’s Reliance Retail Empire

As Mukesh Ambani’s daughter, Isha Ambani, takes the reins of Reliance Retail, the conglomerate expands its footprint across diverse sectors, making its mark beyond the iconic Jio. With a portfolio encompassing fashion, beauty, healthcare, and more, here’s a look at some of the popular brands and ventures under the Reliance Retail umbrella.

Exploring the Reliance Retail Galaxy

Jio Stores, Reliance Fresh, JioMart, Urban Ladder, Zivame, and Justdial

Isha Ambani oversees a conglomerate of over 45 businesses and divisions, including household names like Jio Stores, Reliance Fresh, JioMart, Urban Ladder, Zivame, and Justdial.

Hamleys

In a landmark all-cash deal worth Rs 620 crore in 2019, Reliance Retail acquired Hamleys, the British toy store founded in 1760, adding a touch of nostalgia and playfulness to its diverse portfolio.

AJIO

Entering the fashion e-commerce space in 2016, Reliance Retail made a splash with AJIO. The online store offers a wide array of apparel, accessories, and shoes from both domestic and international brands.

Netmeds

With a strategic move into the healthcare sector, Reliance Industries acquired a majority stake in Netmeds in a Rs 620 crore deal. This move positions Reliance Retail in the rapidly growing online pharmacy market.

Tira Beauty

Launched in April 2023, Tira Beauty is Isha Ambani’s venture into the beauty industry. This omnichannel beauty retailer has a physical store at Jio World Drive mall in Mumbai’s BKC area.

Marks & Spencer Reliance India

Established in 2008 through a joint venture, Marks & Spencer Reliance India reflects Reliance Retail’s foray into high-quality fashion with a 51% stake in the parent brand Marks & Spencer.

Cover Story

As a pioneering fashion brand, Cover Story, under Isha Ambani’s leadership, introduces international couture to India’s high street, blending global trends with Indian sensibilities.

Freshpik

Launched in 2021, Freshpik is a gourmet brand with its sole location at Jio World Drive in BKC, Mumbai, providing a premium culinary experience.

7-Eleven

In a collaboration with the iconic convenience store brand 7-Eleven, Reliance Retail opened outlets in India, beginning with Mumbai in 2021, offering round-the-clock convenience.

Clovia

Acquiring a majority stake in 2022, Reliance Retail welcomed Clovia, an online lingerie company, into its diverse portfolio.

Yousta

Introduced in 2023, Yousta is Reliance Retail’s fashion retail format, focusing on delivering modern and reasonably priced fashion to youthful customers through technology-enabled retail layouts.

Led by Isha Ambani, Reliance Trends is a fashion-forward division of Reliance Retail, contributing to the conglomerate’s diverse offerings.

A Vision Beyond Boundaries

Isha Ambani’s stewardship of Reliance Retail goes beyond traditional boundaries, fostering innovation and diversity in India’s corporate landscape. As the conglomerate continues to evolve, the synergy of established brands and new ventures reflects a commitment to shaping the future of retail in India.

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