Diana's.....................group is able to give loans to small business and startups that are there in her village.
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Explanation:
Mukesh Ambani’s foray into e-commerce with JioMart could easily be the headline of the decade after venturing into telecom in 2016. The conglomerate’s transition from traditional energy, telecom, and retail giant to a new age technology enterprise has been evident with the massive fundraise it made this year particularly around $6.4 billion raised by Reliance Retail Ventures from Silver Lake, KKR, Mubadala, Abu Dhabi Investment Authority, GIC, TPG, General Atlantic and Saudi Arabia’s Public Investment Fund to double down on JioMart. Importantly, Reliance in its Q1 results had said that JioMart delivers over 4 lakh orders every day “which is significantly higher than any other grocery home delivery company.” What’s certain is that competition for Walmart’s Flipkart and Amazon in India will be turning heads next year in order to maximise and retain their shares in the e-commerce market of among the fastest-growing economies in the world – India, reaching $99 billion in size by 2024, according to Goldman Sachs. The company has already expanded to fashion, electronics and might soon venture into furniture and pharmacy categories as well. Time to sit back and watch the slugfest in 2021 that might see some fireworks