6 Key Acquisitions Fuelling Reliance's Tech & SaaS Dominance

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In September 2021, Reliance Retail Ventures Limited (RRVL) secured sole control by acquiring a 40.98% stake in Justdial.

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RIL acquired Grab A Grub Services (‘Grab’) in a cash deal worth $14.9 Mn in March 2019.

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Reliance acquired Mumbai-based conversational AI assistant Happtik in April 2019.

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Reliance acquired the Kalaari-backed ed-tech platform Embibe in 2018.

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Reliance Industries Ltd (RIL) acquired an 85% stake in NowFloats for $20 Mn in 2019

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Reliance Industries Limited acquired an 87.6% stake in Fynd for INR 295 Cr in 2019.

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Reliance Jio's broader vision for its tech ventures has unfolded in the past year. What's the impact on startups in the long run?

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6 Key Acquisitions Fuelling Reliance's Tech & SaaS Dominance

In September 2021, Reliance Retail Ventures Limited (RRVL) secured sole control by acquiring a 40.98% stake in Justdial.

Justdial

RIL acquired Grab A Grub Services (‘Grab’) in a cash deal worth $14.9 Mn in March 2019.

Grab

Reliance acquired Mumbai-based conversational AI assistant Happtik in April 2019.

Haptik

Reliance acquired the Kalaari-backed ed-tech platform Embibe in 2018.

embibe

Reliance Industries Ltd (RIL) acquired an 85% stake in NowFloats for $20 Mn in 2019

NOWFLOATS

Reliance Industries Limited acquired an 87.6% stake in Fynd for INR 295 Cr in 2019.

Fynd

Reliance Jio's broader vision for its tech ventures has unfolded in the past year. What's the impact on startups in the long run?