KKR has followed private equity peer Silver Lake in picking up a stake in the retail arm of India's Reliance Industries, leading a line of buyout houses scrambling to get in on backing the business.
Investment giants Carlyle and Softbank have been told to wait in line after attempting to become the latest major investors in the retail business of India's Reliance Industries.
Tech-focused private equity giant Silver Lake is reportedly in talks for a $1bn investment in the retail arm of India's Reliance Industries.
A rash of big-money private equity investments in Indian telecom operator Reliance Jio have seen India's PE and VC deal figures in H1 outdo results from the same period last year despite the crushing impact
