With these investments, Reliance Retail has collected a combined Rs 31,894 crore in the past few weeks from investors including US buyout firm KKR & Co, private equity giant General Atlantic, technology investment firm Silver Lake and sovereign wealth fund Mubadala.
Snapdeal had claimed that its order volumes had grown significantly since May 18 when ecommerce was allowed to sell non-essentials across the country except in containment zones
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