Jeyandran Venugopal will be working closely with Isha Ambani and the leadership team to accelerate omnichannel growth and strengthen the retail portfolio
Marking a significant senior-level appointment, Reliance Industries has named Jeyandran Venugopal as the president and chief executive officer (CEO) of Reliance Retail Ventures or RRVL, the holding company for the retail business of the group, as per media reports.
The reports added that Venugopal will be working closely with Isha Ambani and the leadership team of Reliance Retail under the overall guidance of Mukesh Ambani and Manoj Modi. He will be helping the company accelerate omnichannel growth, drive excellence and enhance the retail portfolio.
Venugopal served as the chief product and technology officer at Flipkart, where he led teams across product engineering, data science, design and more. The reports noted that Reliance is focusing more on ecommerce, both business-to-consumer (b2c) and business-to-business (B2B).
Marking another strategic step in Reliance Industries’ or RIL’s plan to expand its fast-moving consumer goods (FMCG) footprint, Reliance Retail (RRL) has completed the internal restructuring process. With this, its consumer business has been moved on a going-concern basis to a new entity named New Reliance Consumer Products or New RCPL.
The composite scheme of arrangement involving the group’s companies has become effective from 1 December 2025, RIL informed the exchanges. As per the arrangement among RRL and Reliance Retail Ventures or RRVL and their shareholders and creditors and RCPL, it has transferred the FMCG brands business from Reliance Retail to New RCPL.
