Biyani's Future Retail may raise funds from foreign investor
Kishore Biyani-led Future Retail may raise funding from a foreign investor in the next 2-3 months, the company's boss has confirmed. "We can't sell more than 10% and foreign portfolio investor (FPI) is the only route available," Biyani said. While Biyani did not disclose the investor, earlier reports also suggested Future Group is in talks with Amazon to raise funds.