Friday, Jun 02, 2023 | New Delhi 31*C

Mukesh Ambani is a true Gujarati.

Asia's richest man Mukesh Ambani's younger son Anant Ambani is now getting married to his childhood friend Radhika Merchant in July. But this marriage is not only a union of two hearts, but it can also benefit the family business of both. Let us tell you how...?
2 Month ago

Ahead of Mukesh Ambani's younger son Anant Ambani and Radhika Merchant's wedding, a 3-day pre-wedding event in Jamnagar is being talked about on every platform. Almost all the big businessmen of the world, Bollywood-Hollywood stars, cricketers, footballers, politicians and sports personalities participated in this celebration of more than 1000 crores. But did you know that Ananth and Radhika's marriage is not just a union of two hearts, but can also be a deal that will benefit the business of both the families. Let us tell you how…

Before Radhika and Anant's wedding, let us move on to the weddings of Akash Ambani-Shloka Mehta and Isha Ambani-Anand Piramal, if you look at all three of Mukesh Ambani's business ventures, you will find some similarities. The businesses of these three families are also expected to benefit from this.

Isha-Anand's marriage and business

Isha Ambani herself heads Reliance's retail network. While Anand Piramal's company mainly works in the pharma sector. The Reliance Group also does business in the pharma sector under the name 'Reliance Lifescience', which was much talked about during the Covid period. This company had prepared a home test kit for testing Kovid. Thus, with Anand's company coming into the family, while Reliance gets the benefit of their drug distribution network, the Piramal Group also gets capital support with Reliance's branding and retail network. Recently Piramal Group has also diversified its business and entered the finance sector.

Akash-Sloka's marriage and business

Now if we look at Akash-Shloka's marriage, Shloka's father has an age-old business of diamond trading. The Ambani family runs a jewelery retailing business under the name 'Reliance Jewels'. Reliance Group already has several brands for the common man from 'Vimal' to 'Ajio', 'Trends', but its hands are empty in luxury brands. Recently Reliance Group has also opened 'Jio World Mall' in Mumbai with luxury brands. So, Shloka's father's diamond trading business can help it become a luxury brand. However, the number of Reliance Jewels stores has increased.

Anant-Radhika's marriage and business

Now Anant, the youngest son of the Ambani family, and Radhika's father Viren Merchant, who is getting married to Radhika, has opened Encore Pharma Company. They also have a diamond business. If seen this way, these new associates of Mukesh Ambani are doing business in pharma and diamond trading i.e. jewelery business. This marriage can thus help Reliance build its life sciences and luxury brands. Also Encore Group can benefit from Reliance's retail and branding. Not only this, recently Reliance Group has also invested in online pharmacy company 'PharmEasy'.

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