BDA Advises Clovia on Sale to Reliance Retail
New York, NY, March 22, 2022 –(PR.com)– BDA Partners is pleased to announce that its client, Purple Panda Fashions Pvt Ltd (doing business as “Clovia”) has sold majority stake to Reliance Retail Ventures Ltd (“RRVL”). RRVL will acquire 89% in Clovia for US$125m (INR 9,500 million) through a combination of secondary stake purchase and primary investment. …








