Reliance Retail Achieves Hectacorn Status

Mukesh Ambani-led Reliance Industries’ retail arm, Reliance Retail, has secured the 7th position among the world’s most valuable private sector startups. According to a report by the Stanford Graduate School of Business, the company’s market valuation is estimated at around $100 billion (approximately ₹9.3 lakh crore). A company valued above $100 billion is classified as a “hectacorn,” and with this milestone, Reliance Retail has achieved that status. Notably, it is the only retail-sector company among the top 7 most valuable startups globally.

From India, a total of three companies have featured in the top 100 list, with Reliance Retail leading the pack. The National Stock Exchange of India ranked 27th with a valuation of $24 billion (around ₹2.25 lakh crore), while Tata EV Mobility secured the 93rd position with a valuation of $9 billion (approximately ₹83,000 crore). The rankings are based on data available up to January 2026. The top three positions in the list are occupied by AI companies OpenAI, SpaceX and Anthropic which together account for nearly one-third of the total market value of all 100 companies listed.