Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
Mubadala will be the fourth investor in Reliance Retail Ventures Ltd (RRVL).
Mubadala's Rs 6,247.5 crore investment "values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore," the Indian firm said in a statement.