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Tag: Isha Ambani

  • Reliance Retail snaps up Kelvinator in bold consumer durables play

    Reliance Retail snaps up Kelvinator in bold consumer durables play

    MUMBAI: Reliance Retail has bagged Kelvinator in a deal that signals its aggressive push into India’s Rs 75,000 crore consumer durables market. The acquisition brings the century-old global refrigeration pioneer under the wing of one of India’s most voracious retailers.

     The details of the acquisition were not revealed at the time of writing, but Reliance Retail, had earlier signed a 10-year deal with Electrolux for brand licensing, manufacturing, marketing, and distributing the Kelvinator brand.  The latter’s consumer cooling products have  been absent from the Indian market for while now
    . 
    Kelvinator, a household name in the ’70s and ’80s, was once the epitome of Indian middle-class aspiration with its catchphrase, “The Coolest One.” Reliance now plans to reboot the brand’s nostalgia with cutting-edge appliances, promising mass access to global-quality tech at local prices.

    “Our mission has always been to serve the diverse needs of every Indian by making technology accessible, meaningful, and future-ready,” stated Reliance Retail Ventures executive director Isha M Ambani.”The acquisition of Kelvinator marks a pivotal moment, enabling us to significantly broaden our offering of trusted global innovations to Indian consumers. This is powerfully supported by our unmatched scale, comprehensive service capabilities, and market-leading distribution network.”

    The move aligns neatly with RRVL’s ambition of “democratising aspirational living.” With 19,000+ stores and 3 million merchants in its ecosystem, the company is now eyeing deep penetration of premium appliances into Indian homes.

    Reliance Retail reported Rs 3.3 lakh crore in turnover and Rs 25,053 crore in EBITDA in FY25, maintaining its perch among the world’s fastest-growing retailers, according to Deloitte.

    With Kelvinator’s legacy and Reliance’s distribution muscle, the group is betting big on middle India’s thirst for quality, affordability—and a bit of old-school cool.

  • Reliance unifies FMCG brands, bets big on affordable consumer products

    Reliance unifies FMCG brands, bets big on affordable consumer products

    MUMBAI: Reliance Retail is taking a major step in its fast-moving consumer goods (FMCG) play by consolidating nearly all of its snack, beverage, and home-care brands under Reliance Consumer Products Ltd (RCPL)—a subsidiary created just two years ago. The move brings together over 15 brands including Campa, Independence, SnacTac, Puric, and Enzo under a single umbrella, a structure already cleared by the company’s board.

    The goal: to compete directly and efficiently with household giants such as Hindustan Unilever, ITC, PepsiCo, and Coca-Cola. Industry insiders suggest this is far more than a backend shuffle. RCPL will
    receive up to Rs 3,900 crore in fresh capital from Reliance Retail Ventures, with planned investments of Rs 6,000–8,000 crore over the next 18 months to expand manufacturing and distribution—particularly for Campa beverages, which have staged a rapid comeback since relaunch.

    Bringing all brands under one roof allows Reliance to make quicker decisions, simplify partner collaboration, and streamline operations. Crucially, it enables RCPL to function as a full-fledged standalone
    FMCG entity, backed by its own resources and agile enough to scale quickly. The company’s stated ambition is to reach 600 million Indian consumers by offering high-quality products at prices 20–40 per cent lower than current market leaders—while deepening its commitment to kirana-first distribution.

    That hyperlocal strategy is already in motion. RCPL products currently reach over one million outlets via 3,200 distributors nationwide. Campa Cola—relaunched at Rs 10 per bottle with bold, modern
    packaging—has become a flagship success, already crossing Rs 1,000 crore in sales and capturing double-digit market share in several states. New bottling plants in Bihar, Assam, and Tamil Nadu are being commissioned to scale the brand nationally and challenge entrenched players in the Rs 67,000-crore soft drink market.

    RCPL’s expansion isn’t limited to drinks. The consumer division’s revenue has grown 3.5x over the past year to Rs 11,500 crore, making it the fastest-growing vertical in Reliance Retail. Alongside Campa and Independence, the company now owns legacy brands like Velvette (personal care), Lotus and Ravalgaon (confectionery), and is set to launch new functional beverages such as Spinner sports drink and Campa Energy.

    The consolidation under RCPL also enables sharper media planning, packaging efficiencies, and supply chain optimisation—all while embedding sustainability goals such as lighter bottles and recyclable
    materials.

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  • How Nita Ambani is quietly developing India’s M&E, sports and arts domains

    How Nita Ambani is quietly developing India’s M&E, sports and arts domains

    MUMBAI: JioStar India chairperson Nita Ambani says she can’t wait for the merger between Viacom18 and Disney and Reliance Industries to overall take Indian culture and entertainment to the world.

    Speaking to Haslinda Amin on her show Latitude under Bloomberg News, Nita Ambani highlighted: “We have to wait for the magic to happen to take Indian entertainment to the world through our streaming services as we look at putting India on the world map through this merger,” she said.

    Nita was otherwise pretty kicked about the fact that she had been given the mantle to head the media side of the Reliance business.  “It’s a new chapter. It’s a new beginning. And I am ready to take on new challenges and am very excited,” she told Amin.

    She confessed to the news host that even though she fell in love with cricket, she was not fully conversant with the intricacies of the sport. “I started reading about cricket,” she revealed. “I started talking to any cricketer that would have a conversation with me. It took me sometime to pick up and talk to all the boys of cricket. I spoke to Sachin, who is known as the god of cricket and I would ask him such embarrassing questions.But today it feels good, my son Akash is leading the Mumbai Indians cricket team. But what fills my heart  with joy Is the Women’s Premier League .”

    Nita disclosed that Indian girls go through so much to get to where they are. “Right from seeking permission from their parents who are not willing to let them follow their dreams,” she explained. Financial issues, Once you are injured you have lost your career.It takes them hours to reach their training centre. They have no sporting  gear, sometimes no shoes, when they tell you these stories, they are truly inspirational. We feel a shift in parents opinion towards sports, that they can have a career,”

    “It’s a dream of 1.4 billion to see the Olympics in India,” said Nita. “ I believe once sport takes over the transformation will be seen not only In the lives of the youth but also on the economy of our country. India is one of the biggest centres for digital usage. The Tokyo Olympics had the highest amount of digital engagement from India and one third of the viewership of the Olympic channel comes from India, India as a sporting market is huge,” she spelt out.

    Nita Ambani then highlighted the role that women are going to play in the country going forward. As well as how art (rural and urban)  entertainment,  and culture are now being given a thrust as more and more foreign acts are performing at the excellent infrastructure that has been put in place at the cultural centre which has been named after her in Mumbai:

    Nita told Haslinda, that she began as a teacher. “India has a great history and if we take that legacy and nurture it, and it is cherished for generations to come, that would be our vision to shine the spotlight on India,” she said.

  • Gayatri Yadav roped in as group CMO and EVP at Reliance Industries

    Gayatri Yadav roped in as group CMO and EVP at Reliance Industries

    MUMBAI: Veteran marketing leader Gayatri Yadav has joined Reliance Industries Limited as group chief marketing officer (CMO) and EVP, strategic initiatives, chairman’s office. In this role, she will collaborate closely with Mukesh Ambani, Nita Ambani, Isha Ambani, Akash Ambani, and Anant Ambani to drive brand innovation and strengthen consumer engagement.

    Gayatri, who brings over three decades of diverse experience, has held prominent positions across FMCG, media, and investment sectors. Her career includes key roles at Procter & Gamble, General Mills, and Star India, where she spearheaded major marketing strategies. Most recently, she served as CMO at Peak XV Partners (formerly Sequoia India & SEA), leading its rebranding and digital growth initiatives.

    Reflecting on her journey, Gayatri expressed gratitude for past opportunities and highlighted her excitement to contribute to Reliance’s growth-driven vision, stating: “What is good for India is good for Reliance.”

    Beyond her corporate roles, Gayatri holds board positions at Paani Foundation, United Way Mumbai, and PRS Legislative Research, underscoring her commitment to social impact.

  • Reliance Retail’s Tira expands its brands portfolio with ‘Akind’

    Reliance Retail’s Tira expands its brands portfolio with ‘Akind’

    Mumbai: Tira, Reliance Retail’s omnichannel beauty retail platform, today announced the launch of its skincare brand, ‘Akind’. Co-founded by Mira Kapoor, Akind was unveiled at Tira’s flagship store at Jio World Drive in Mumbai.

    Akind understands that everyone’s skin is unique and deserving of personalized care and seeks to simplify skincare by listening to its needs. Through this targeted approach the brand will empower individuals to achieve their skincare goals. Each formulation in the Akind range serves a distinct purpose in improving one’s skin barrier health, falling under three categories:

    1   The build range, featuring the clean slate hydrating cleanser, the on cloud nine lightweight moisturizer, and the sleep tight firming serum, focuses on repairing and restoring the skin barrier to its natural state.

    2   The balance range, consisting of the fresh start oil-free balancing cleanser, the bounce back soothing & purifying toner, and the get even everyday multi-active serum, helps maintain the skin barrier’s gentle, equilibrium state, resulting in a healthy, lit-from-within glow.

    3   The defence range includes the bright idea radiance serum, the no shade sunscreen primer SPF 50 PA++++, and the super smooth sun stick SPF 50 PA+++, designed to protect the skin barrier from external aggressors such as pollution, lifestyle factors, and sun damage.

    Commenting on the launch, Reliance Retail Ventures Ltd executive director Isha Ambani said, “We are excited to introduce Akind, Tira’s first skincare brand in the own brands portfolio. This launch represents a significant milestone in Tira’s journey. As we continue to expand and evolve, we remain committed to innovation and excellence, ensuring that every offering enhances our customer’s beauty experience.”

    Commenting on the launch, Akind co-founder Mira Kapoor stated, “Not too long ago, I realized that my skincare journey truly began when I started listening to my skin. The Akind range was meticulously formulated with care, trial and error, and extensive research into high-efficacy ingredients that act as targeted solutions for specific problems, and what better way to bring this vision to life than powered by Tira, the ultimate destination for curated beauty brands. With Akind, I want to share the joy of skin type agnostic, barrier-focused, high performance, and price-conscious skincare that helps one meet the best version of their skin, just like I did.

    After the successful launch of Tira Tools, the premium curated beauty accessories under the private label, and Nails Our Way, an exclusive line of vibrant nail colors and kits, Reliance Retail Limited (RRL) continues to expand its innovative offerings. The addition of its first skincare brand, Akind underscores Tira’s commitment to providing customers with high-quality, diverse, and trend-setting products across beauty and personal care categories.

  • Reliance Industries shareholders welcomes Isha, Anant and Akash Ambani to the board

    Reliance Industries shareholders welcomes Isha, Anant and Akash Ambani to the board

    Mumbai: Reliance Industries shareholders have approved the appointment of new leaders – Isha, Akash and Anant Ambani on the company’s board as non-executive directors.

    Shareholders have approved the appointment of Isha Ambani to the company’s board with 98.21 per cent votes cast in its favour, while Akash Ambani’s nomination garnered 98.06 per cent of the vote.

    Anant Ambani’s appointment to the company’s board received 92.75 per cent votes in favour.

    Isha Ambani was appointed the leader of Reliance Retail in August 2022, while Akash Ambani became chairman of Reliance Jio in June last year. Anant Ambani was appointed as the leader of the company’s energy vertical in August 2022.

    Reliance Industries chairman & managing director Mukesh Ambani will continue at the helm for another five years, as he had announced during the AGM.

  • Tira’s #ForEveryYou campaign celebrates beauty in all its forms

    Tira’s #ForEveryYou campaign celebrates beauty in all its forms

    Mumbai: Reliance Retail’s recently launched omni-channel beauty retail platform, Tira, has launched its first high decibel 360-degree campaign ‘For Every You’ featuring Kareena Kapoor Khan, Kiara Advani and Suhana Khan.  Tira’s ‘For Every You’ campaign serves as a tribute to the myriad roles, emotions and moods that individuals experience. The campaign aims to celebrate the role of beauty and how people use it to express themselves through these moments.

    Kareena, Kiara and Suhana represent the different and unique versions of beauty, each featuring in a 30 second exclusive film. These films endeavour to accentuate how different mindsets, daily rituals and quirks make up a person and define their version of beauty. The campaign aims to inspire self-expression and empower individuals to explore and express their authentic self, no matter where they are in their journey of discovering beauty.  

    The ‘For Every You’ campaign is set to make a splash across prime media channels across the board including TV, outdoor, print & digital, events, in-store activations and on-ground activities in the coming months. With a carefully curated selection of best global and homegrown brands and exciting offers, promotions and gifts with purchase to compliment the launch campaign, a shopper on Tira is bound to be spoilt for choice.  

    Speaking on the campaign, Reliance Retail Ventures Limited director Isha Ambani says, “We’ve received an overwhelming response to Tira beauty since our launch in April 2023. With Tira, we aim to break down barriers in the beauty & skincare category and democratize beauty for consumers across segments. We’re thrilled to welcome Kareena Kapoor Khan, Kiara Advani and Suhana Khan to the Tira family, and be part of our very first campaign, #ForEveryYou. This campaign is not just about beauty; it’s about embracing individuality and encouraging everyone to own their beauty choices. Together, they represent Tira’s brand promise and will inspire beauty enthusiasts across cultures and age groups to make Tira their preferred beauty destination.”

  • Nita Ambani steps down from RIL board

    Nita Ambani steps down from RIL board

    Mumbai: In a significant development, Nita Ambani has tendered her resignation from the board of Reliance Industries Ltd (RIL). The RIL board of directors has recommended the appointment of Isha Ambani, Akash Ambani, and Anant Ambani to fill key positions on the board. Nita Ambani, while stepping down from the board, will continue her role as the chairperson of the Reliance Foundation.

    Nita Ambani’s stepping down from the board doesn’t mark her departure from the Reliance fold. This maintains her pivotal role in the philanthropic and social initiatives of the conglomerate.

    The move is anticipated to have far-reaching implications for the company’s future strategies and direction.

  • Reliance finally acquires Kishore Biyani’s Future retail group

    Reliance finally acquires Kishore Biyani’s Future retail group

    MUMBAI: Mukesh Ambani, Asia’s richest man, can add another sobriquet to his name: that of India’s undisputed – means undisputed –  Retail King. Today, his Reliance  group announced that it was acquiring the retailing empire of Kishore Biyani, who earlier bore the retail king title, in a transaction valued at Rs 24,173 crore. This ends months of speculation and reportage in the Indian media that the two were in talks.

    The vehicle for the acquisition: Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd (RIL).  The deal covers the the retail, wholesale, logistics and warehousing businesses from the Future group. The latter is merging certain companies carrying on the above mentioned business into Future Enterprises Ltd (FEL).

    As a part of the same scheme, the  retail and wholesale undertaking is being transferred to Reliance Retail and Fashion Lifestyle Ltd (RRFLL), a wholly-owned subsidiary of RRVL; the logistics and warehousing undertaking is being transferred to RRVL; and RRFLL also proposes to invest Rs 1,200 crore in the preferential issue of equity shares of FEL to acquire 6.09 percent of post-merger equity; and Rs 400 crore in a preferential issue of equity warrants which, upon conversion and payment of balance 75 per cent of the issue price, will result in RRFLL acquiring a further 7.05 per cent of FEL.

    The Future Group has some well-established  retail formats, including supermarket chain Big Bazaar, upmarket food stores Foodhall, and bargain clothing chain Brand Factory.

    "With this transaction, we are pleased to provide a home to the renowned formats and brands of Future Group as well as preserve its business ecosystem, which have played an important role in the evolution of modern retail in India,” RRVL director Isha Ambani said.  “We hope to continue the growth momentum of the retail industry with our unique model of active collaboration with small merchants and kiranas as well as large consumer brands. We are committed to continue providing value to our consumers across the country."

    Biyani had built up a huge pile of debt at the Future group to fund his expansion plans, but the Covid2019 pandemic put paid to his ability to service it.