Another bet of Isha Ambani, going to buy this company of Alia Bhatt, deal of 300-350 crores.

New Delhi: Reliance Industries is continuously acquiring small and big companies. Reliance is continuously partnering with other companies for business expansion. In this sequence, Reliance’s retail branch Reliance Retail Ventures is going to buy Bollywood actress Alia Bhatt’s company. Reliance Retail Ventures is preparing to buy Alia’s child wear brand Ed-a-Mamma. It is believed that there will be a deal of Rs 300-350 crore between the two companies.

Reliance is going to take this step under its rapidly expanding business. Retail business is spreading across the country. Under this, the company is going to acquire Alia’s child wear brand. It is believed that this deal can be done for 300-350 crores. Reliance Alia’s company is planning to further strengthen its kids wear portfolio by acquiring Rad-e-Mamma. It is believed that soon this deal will be finalized.

According to the Economic Times report, the deal between the two companies is in the final stages. It is believed that the deal between the two companies will be done by the end of this month. Let us tell you that Alia Bhatt started Ad-e-Mamma in the year 2020. Regarding starting this brand, Alia had said that this company was started in view of the lack of a domestic brand at a world level. You will find sustainable clothing options for kids with this brand at affordable rates. Apart from its website, the company sells its products through online platforms like FirstCry, Ajio, Myntra, Amazon, Tata CLIQ. The valuation of this company of Alia Bhatt has been estimated at Rs 150 crore.