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RIL STARTUP ACQUISITIONS
E-commercial vehicle maker Altigreen plans to raise Rs 1,000 crore next yearAltigreen, which raised Rs 300 crore from Reliance Industries and four venture capital funds earlier in February this year, will utilize th...
Mukesh Ambani replaces Gautam Adani to become India’s richest manFor the past few months, Gautam Adani had been enjoying the position due to accelerated prices of stocks of the Adani group. However, with ...
After 5 years of shopping, Ambani has the Indian consumer in his gripThe Mukesh Ambani-led Reliance Industries, a refining-to-retail conglomerate has sought to pivot from the oil business to telecom and retai...
RIL drives into electric CV maker Altigreen with 4 VCsReliance Industries and four venture capital funds are investing ₹300 crore in electric commercial vehicle maker Altigreen, which will help...
Mukesh Ambani-led Reliance's recent deals: From Mandarin Oriental hotel to funding DunzoReliance Industries said, through its wholly-owned arm Reliance Industrial Investments and Holdings (RIIHL), it will pay $98.15 million to ...
Senior Reliance executives join Milkbasket board, cofounder Anant Goel resignsBesides cofounder Anant Goel, investors Kalaari Capital's Vani Kola, Mayfield Ventures' Nikhil Khattau Nirvan and Unilever Ventures' Pawan ...
PharmEasy valued at $1.8 billion as B Capital buys stake for $20 millionE-pharmacy conducts $3 million Esop buyback; Tiger Global also putting primary capital in Mumbai-based startup.
Reliance's e-commerce foray goes hyperlocal with Milkbasket dealReliance Industries (RIL) is in the last leg of closing the acquisition of subscription-based hyperlocal grocery delivery platform Milkbask...
Reliance on board as limited partner in Kalaari Capital’s 4th fundKalaari Capital is “honoured to have RIL as an anchor LP or limited partner in its recent fund”, founder Vani Kola says in an email to star...
ETtech Exclusive: How Kalaari's exit led to the fall of MilkbasketKalaari Capital is selling its entire stake in Milkbasket to Mahendra Nahata-led MN Televentures, a move that's seen eroding the hyperlocal...
Scoop: Jio Platforms set to invest $200 million in Kalaari CapitalJio Platforms’ investment in Vani Kola’s Kalaari Capital will give Reliance Industries an early line of sight into startups and upcoming se...
2020 Year in Review | Of startup squabbles and billionaire battlesFrom Khatabook Vs Dukaan over IP rights to Reliance vs Amazon over Future Retail, 2020 saw its fair share of tiffs between Indian tech comp...
Ambani's Reliance to buy majority stake in Google-backed FyndTwo home-grown tech startups find their suitors.
20 deals & counting! Mukesh Ambani’s appetite for startups leaves D-Street guessingLast week, the company acquired conversational artificial intelligence platform Haptik.
Rel Jio digital buys majority stake in Haptik for Rs 700 croreThe move is in line with Jio’s interest to build its own product portfolio of voice-based and AI-enabled conversational products .
RIL in talks for majority stake in startup Grab, deal to help Jio’s ecommerce pushThe move comes after the Mukesh Ambani-led company said earlier that it plans to enter the e-commerce space.
Startups are the new oil for cash-rich JioReliance Jio to fund a digital products and services ecosystem centred around its core service.
Innolabs: Aditya Birla Group to give employees time off for pursuing entrepreneurial ambitionsUnder the programme, called Innolabs, the company will allow its staff to take time off from work and pursue their entrepreneurial ambition...
- KG-D6 gas helped save Rs 4,000 cr fertiliser subsidy: RIL
Reliance Industries' eastern offshore KG-D6 gas fields have helped the nation save Rs 4,000 crore in fertiliser subsidy and raise gas-based...
- RIL buys GAPCO to flag off its African safari
The acquisition will give RIL about 250 fuel stations and storage terminals in Tanzania, Uganda and Kenya. Equity Challenge