India’s $99 billion man is opening the country’s first 7-Eleven

Reliance Retail, the commerce arm of “This will be followed by a rapid rollout in key neighborhoods and commercial areas,” with an initial focus on the Greater Mumbai area, Reliance Retail added in a statement. The shops are expected to offer customers drinks and snacks that are customized based on local preferences.Ambani is India’s richest person, with a net worth of $99.1 billion, according to the In a statement Thursday, Isha Ambani said that Reliance Retail was “proud” to team up with 7-Eleven, “among the most iconic global brands in the convenience retail landscape.”Joe DePinto, CEO of SEI, the owner of 7-Eleven, added in the same statement that the new tie-up would help bring the chain “to millions of Indian consumers.””India is the second largest country in the world and has one of the fastest-growing economies,” he said. “It’s an ideal time for the largest convenience retailer in the world to make our entry.”— Diksha Madhok contributed to this report.