Reliance Industry has been the poster boy of the Indian stock market since the launch of JIO. It is single-handedly driving the NIFTY and SENSEX in the last 6 months. The JIO has already made headlines when it has raised 1.5 Lakh Crores during the time when all the businesses and economies across the world were suffering due to pandemic. Now, it is the turn of Reliance Retail to set the ante for the group. Our two reports link mentioned below have already covered as to how Reliance Retail has raised ~13500 Crores from Silver Lake and KKR. And many more such transactions are in pipeline for the retail stake. https://unlistedzone.com/silver-lake-buys-1-8-stake-in-reliance-retail-at-4-21-lakh-crores-of-valuation/ https://unlistedzone.com/kkr-is-investing-5550-crores-in-reliance-retail-for-1-28-stake-valuing-4-33-lakh-crores-of-valuation/ With all the money in the wallet, Reliance Retail is now going for a shopping spree. Reliance knows the best time to buy the businesses is when they are struggling. At present mostly all the businesses are suffering and available at an attractive valuation. Recently, it has purchased Netmeds for ~600 Crores. https://unlistedzone.com/reliance-retail-acquires-net-med-for-rs-620-crores/ Now there is a buzz in the market that Reliance Retail is purchasing Electronics Mart for Rs. 3000 Crores. About Electronics Mart The company was founded by 1st Generation entrepreneur Mr. Pavan when they have opened their 1st electronics retail store at Lakdi Ka Pool-Hyderabad in October 1980 and the brand Bajaj Electronics was established. Today, with over 1 crore customers, 500,000 square feet of retail space, a strong workforce of over 1,200 professionals, over 60 stores, and three decades of legacy - Electronics Mart India (EMI) is truly iconic. Currently, they are South India’s largest and most reliable electronics retailer. Bajaj Electronics – a brand owned by EMI, is a household name when it comes to purchasing electronics. This deals if happens will give Reliance Retail an opportunity to expand its market share in South India as Electronics Mart is an established player in the Telangana and Andhra. All these acquisitions will help Reliance Retail grow in size with 2x speed and will help the company to fight competition with American giants, Amazon, and Walmart.