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The Big Billion Days Report Card (2)

6 Key Acquisitions Fuelling Reliance's Tech & SaaS Dominance

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Reliance Retail To Sell 2% Stake In Justdial Via Open Market
The Big Billion Days Report Card (2)

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

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Justdial

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The Big Billion Days Report Card (2)

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

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Grab

Exclusive: Reliance Is Acquiring Haptik For Over INR 200 Cr To Build India’s Own Alexa
The Big Billion Days Report Card (2)

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

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Haptik

Funding - Reliance Industries Limited Invests INR 90 Cr In Embibe

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

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embibe

Reliance-Owned SaaS Startup NowFloats Converts Into A Public Company

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

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NOWFLOATS

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

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Fynd

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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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