<ul><li>Reliance Retail Ventures, India's leading retailer, is forming a joint venture with Mothercare.</li><li>Reliance Brands Holding UK will hold a 51% stake in the joint venture, while Mothercare will retain 49%.</li><li>The joint venture will act as the franchisor of the Mothercare brand in South Asian regions.</li><li>Reliance Brands first acquired the rights to the Mothercare brand in 2018 and currently operates 87 stores across India.</li></ul>

Reliance forms joint venture with Mothercare

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