Reliance Retail acquires majority stake in Alia Bhatt’s Ed-a-Mamma
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Reliance Retail Ventures Limited (RRVL) on Wednesday said it is acquiring a majority stake in Alia Bhatt’s children’s wear brand Ed-a-Mamma. In a statement, RRVL said it has signed a joint venture agreement with Ed-a-Mamma to acquire a 51% stake. However, it didn’t disclose the financial details of the deal.