Reliance's Acquisition Spree: 12.7% stake in SkyTran

Episode 538,   Oct 19, 2018, 01:04 PM

In order to enhance the artificial intelligence arm of Jio, in addition it to its venture with NetraDyne, Reliance has pumped in $180 million in Bangalore-based Embibe, which uses data analytics to deliver personalised learning outcomes to students. KareXpert, another venture that RIL has invested in, is developing a one-stop digital health platform. Earlier in June, Reliance acquired Oregon-headquartered Radisys Corporation, which it said would help accelerate Jio’s global innovation and technology in areas of 5G, IoT and open-source architecture adoption.