Reliance Joins Hands with Alia Bhatt's Ed-a-Mamma
Reliance Retail Ventures (RRVL) and Alia Bhatt's sustainable fashion brand, Ed-a-Mamma, announce a joint venture
RRVL acquires a 51% stake in Ed-a-Mamma, valued at ~150 crore, to collaborate closely with Alia Bhatt
Partnership Details
RRVL aims to leverage Reliance Brands' management strength to lead and grow Ed-a-Mamma's business
Vision and Strategy
Founded in 2020, Ed-a-Mamma initially catered to 2–12-year-olds and later expanded to include maternity wear and infant/toddler lines
Ed-a-Mamma's Evolution
Ed-a-Mamma has continued to gain popularity for its sustainable and ethically sourced products
Expanding Popularity
Ed-a-Mamma's core values include sustainability, meticulous attention to detail, and eco-conscious production processes
Sustainability Focus
The partnership aims to strengthen Ed-a-Mamma's position in the market, aligning with Reliance's values and vision
Collaboration Benefits
Potential of liquid ETFs: Flexible and convenient investment option
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