M&A

M&A

Reliance Retail acquires wellness brand Pahadi Local

BSE Announcement   Business Standard  

Reliance Retail has acquired Mumbai-based beauty and wellness brand Pahadi Local and the business of Pahadi Goodness.Founded in 2018 by Jessica Jayne, Pahadi Local claims roots in Himalayan wellness traditions and a commitment to responsible sourcing. Post acquisition, the founding team will maintain key roles.Reliance Retail will support the brand’s growth by expanding its footprint across physical retail formats, strengthening its digital presence, and accelerating innovation.