Reliance Retail plans 2028 IPO; qcomm growth to form key pillar

December 14, 2025

, By The Economic Times

Reliance Retail plans 2028 IPO; qcomm growth to form key pillar

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India’s largest retailer, rel=”dofollow” href=”https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms” target=”_blank”>Reliance Retail, is gearing up for an initial public offering (IPO) by 2028, with an expansion strategy that emphasises profitability and growth in the booming quick commerce space.

As part of this, Reliance plans to add around 2,000 stores annually, and focus on reducing debt from over Rs 53,000 crore to about Rs 20,000 crore.

Here’s a look at what has happened so far.

Qcomm ramp-up

Reliance chose to sit out the 10-minute delivery race, where it would go up against incumbents Zepto, Eternal-backed Blinkit, and rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy…

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Reliance Retail plans 2028 IPO; qcomm growth to form key pillar

December 14, 2025

, Published By The Economic Times

Reliance Retail plans 2028 IPO; qcomm growth to form key pillar

India’s largest retailer, rel=”dofollow” href=”https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms” target=”_blank”>Reliance Retail, is gearing up for an initial public offering (IPO) by 2028, with an expansion strategy that emphasises profitability and growth in the booming quick commerce space.

As part of this, Reliance plans to add around 2,000 stores annually, and focus on reducing debt from over Rs 53,000 crore to about Rs 20,000 crore.

Here’s a look at what has happened so far.

Qcomm ramp-up

Reliance chose to sit out the 10-minute delivery race, where it would go up against incumbents Zepto, Eternal-backed Blinkit, and rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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AI data center boom could be bad news for other infrastructure projects

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