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Non-metro regions account for 60% of JioMart’s sales, indicating its efforts to democratize digital retail. In its earnings release, Reliance Retail said it undertook an fairness fund increase of Rs 17,814 crore in FY24, together with Rs 2,500 crore infused by Reliance Industries during the March quarter. The Save Mart Companies, which is headquartered in Modesto, said it has about 200 stores in California and Northern Nevada under the banners of Save Mart, Lucky California and FoodMaxx. Mar. 29—The Save Mart Companies introduced Monday that it was acquired by a private fairness firm primarily based out of Los Angeles.
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