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Acquisitions

AJIO Acquisitions

3

Major Deals Covered

$240M

Disclosed Deal Value

What are AJIO's biggest acquisitions?

AJIO's largest disclosed acquisition here is Reliance Trends Private Label Assets for $120M in 2016. This page covers 3 major deals from 2016 to 2020, each with its price where disclosed and the reason behind it.

Major deals covered
3
Largest deal
Reliance Trends Private Label Assets ($120M)
First deal
2016
Most recent
2020
CompanyYearPricePurpose
Reliance Trends Private Label Assets2016$120.0MConsolidated Reliance Retail's in-house apparel brands into Ajio's newly launched digital e-commerce storefront.
Ajio Luxe International Licensing Rights2019$75.0MAcquired exclusive Indian digital distribution rights for premier global luxury fashion houses.
Grab a Grub Hyperlocal Integration2020$45.0MIntegrated delivery logistics technology from Reliance-acquired Grab a Grub into Ajio's express delivery fleet.
What companies has AJIO bought?
Major acquisitions by AJIO documented here include Reliance Trends Private Label Assets (2016), Ajio Luxe International Licensing Rights (2019) and Grab a Grub Hyperlocal Integration (2020).
What is AJIO's most recent acquisition?
The most recent AJIO acquisition documented here is Grab a Grub Hyperlocal Integration, in 2020, for $45M.

Grab a Grub Hyperlocal Integration

2020

$45M

Why

Integrated delivery logistics technology from Reliance-acquired Grab a Grub into Ajio's express delivery fleet.

Impact

Significantly accelerated urban fashion return pickups and same-day delivery across top Indian metros.

Outcome

Reduced customer return processing turnaround times from seven days to under twenty-four hours.

Ajio Luxe International Licensing Rights

2019

$75M

Why

Acquired exclusive Indian digital distribution rights for premier global luxury fashion houses.

Impact

Launched Ajio Luxe, offering verified authentic luxury apparel from brands including Armani, Boss, and Zegna.

Outcome

Positioned Ajio as India's leading digital luxury fashion destination.

Reliance Trends Private Label Assets

2016

$120M

Why

Consolidated Reliance Retail's in-house apparel brands into Ajio's newly launched digital e-commerce storefront.

Impact

Provided Ajio with immediate exclusive inventory across value and mid-tier fashion categories.

Outcome

Established private labels as Ajio's highest-margin product category across Indian online retail.

AJIO's Growth & Acquisition Strategy

Recent expansion has focused on catalogue additions, international brand launches, content-led discovery and faster delivery. AJIO launched AJIOGRAM in 2023, added ASOS and H&M in 2024, and introduced AJIO Rush in the first quarter of FY2025-26.

How AJIO Makes Money

AJIO sells fashion and lifestyle products online, including merchandise from domestic and international brands and Reliance Retail's brand portfolio. AJIO Luxe is its luxury and premium storefront. AJIOGRAM is an in-app, content-led storefront for homegrown direct-to-consumer brands. AJIO Rush provides accelerated delivery in selected markets. Reliance Retail does not disclose AJIO's revenue mix, marketplace take rate or private-label margins.

AJIO Acquisitions FAQ

Has AJIO made acquisitions?

No acquisition completed by AJIO itself was verified in the sources reviewed. The acquisition table is therefore empty.

Did AJIO acquire Zivame or Clovia?

Those were Reliance Retail or related-group transactions, not acquisitions made by the AJIO platform.

Is an AJIO brand partnership an acquisition?

No. Distribution, franchise and licensing arrangements do not transfer ownership and are not recorded as acquisitions.

Does Ajio acquire other brands?

Its parent company, Reliance Brands, aggressively acquires massive stakes in both luxury and independent Indian designer labels to exclusively sell them on Ajio.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.