Reliance Retail now 7th most valuable privately held firm globally with $100-bn valuation

Reliance Retail has been ranked seventh among the world's 100 most valuable privately held, venture capital-backed companies, according to a list released by Stanford Graduate School of Business. Reliance Retail has surpassed a post-money valuation of $100 billion and is placed in "hectocorn" category. OpenAI, SpaceX, Anthropic, ByteDance, Databricks and xAI are top five hectocorns on the list.