Embibe, a Bengaluru-based ed-tech startup secures an investment of Rs 500 crore from Reliance. According to the Reliance company’s filings with the Ministry of Corporate Affairs, Reliance Industries will invest an additional Rs 500 crore in Embibe as it doubles down on the education technology venture it had acquired in April 2018. About Rs 30…
Embibe, a Bengaluru-based edtech startup, announced that it has raised about Rs 89.91 crore from Reliance Industries. Reliance is the existing investor and shareholder in the edtech startup. Embibe was founded by Aditi Avasthi in 2012. Earlier, Reliance Industries had invested about $180 million in the startup over a period of three years. A part…