Reliance Industries Ltd (RIL) announced it has signed definitive agreements to acquire a majority stake in SenseHawk Inc (SenseHawk) for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of softwarebased management tools for the solar…
Billionaire Mukesh Ambani-led Reliance Industries is reportedly in talks to acquire online furniture marketplace Urban Ladder and daily milk delivery service Milkbasket in an attempt to get a hold of the e-commerce business. According to a report by the Times Of India, the Indian conglomerate is in an advanced stage of talking with Urban Ladder…
In an attempt to strengthen its ecommerce footprint, Indian multinational conglomerate Reliance Industries Limited is reportedly in advanced talks to acquire a majority stake in Epharmacy startup Netmeds. According to a Times Of India report, Reliance, through one of its subsidiaries, may pay about $150mn for the assets including fresh capital infusion in the ten-year-old…