Amazon seeks control of Rs 30,000 crore Future Group assets with Rs 1,431 crore investment

Amazon is seemingly seeking to control 100% of FRL by controlling the entire Kishore Biyanis Groups majority equity in FRL, which means with an investment of Rs 1,431 crore, it seeks to control Future Group’s assets worth about Rs 30,000 crore.

Amazon’s investment exposure is limited to Rs 1,431 crores in FCL alone. It would be noteworthy to note that Future Group’s assets (including retail & wholesale trade, logistics and warehousing, and FMCG outsourcing businesses) are worth in excess of Rs 30,000 crore plus.