In a latest development, Samara Capital, a private equity firm, joined hands with Amazon to acquire More - Aditya Birla Retail Ltd’s supermarket and hypermarket chain. The 49 percent stake in ...

Home-grown private equity fund Samara Capital and Amazon have signed a deal to acquire Aditya Birla Group's food and grocery retail chain, More. More is the fourth-largest supermarket chain in the ...

making it the fourth-largest supermarket chain in the country, after Reliance Retail, Future Group and D-Mart. Some of Aditya Birla Retail own brands include More Daily, More Fresh Prarthana and ...

More', which is the fourth largest supermarket ... (WASPL), the entity that has recently announced the acquisition of Aditya Birla Retail's 'more' chain of stores in India. "Amazon and Samara ...

Reportedly, the company is eyeing India's food and grocery supermarket chain, More. Notably, More is owned by Kumar Mangalam Birla's Aditya Birla Retail Ltd. ("ABRL"). An India-based private ...

It currently has around 600 supermarkets and 20 hypermarkets. According to Aditya Birla Retail CEO Mohit Kampani, More has now become a debt-free company, which is helping the retail chain to expand.

MUMBAI: After months of speculation, the Aditya Birla group on Friday unveiled its retail store brand, More, which will be launched as a mix of supermarket and hypermarket formats across the country.

In a major acquisition, e-commerce giant Amazon and private equity firm Samara Capital have acquired Aditya Birla Group’s (AB Group) food and grocery retail chain ‘More’. Amazon and Samara ...

More is the fourth-largest supermarket chain operator in India ... the acquisition will effectively wipe out the entire debt in Aditya Birla Retail Ltd (ABRL)’s book, which stood at about ...

This is not the first time Aditya Birla Fashion is making ... In 2018, it acquired parts of supermarket chain More from the Birla Group. It has also bought stakes in department store chain ...

The deal includes four Total Superstores hypermarkets in Bengaluru and will add to the 16 hypermarkets and 500-odd supermarkets under the More brand of Aditya Birla Retail. Speaking to ...