Reliance gears up for e-commerce, Acquiring two more Startups - Techiexpert.com
4 March 2019 4:15 PM IST
The richest man of Asia, Mukesh Ambani recently acquired startups in last-mile logistics, software while, it prepared to call out Amazon and Walmart-owned, Flipkart in India?s keyed up vying e-commerce market. Previous month, Reliance also acquired three startups. Business magnate,�Mukesh Ambani now�seems to grow and enhance a penchant for shaking hands with startups. Textile-to-telecom large, [?]
- The richest man of Asia, Mukesh Ambani recently acquired startups in last-mile logistics, software while, it prepared to call out Amazon and Walmart-owned, Flipkart in India’s keyed up vying e-commerce market.
- During an event in Gujarat, earlier in January this year, Ambani also announced his plans of launching an e-commerce venture that would pull up near 300 million Jio customers and 10,000 outlets of its retail arm in more than 6,500 cities.
- In September, during the previous year, it supported artificial intelligence startup Netradyne and edtech startup Embibe, previously in early April.
- Once it has customers hooked on to these services, then it is a question of time before it can start offering merchandise as well,” claimed Arvind Singhal, chairman and managing director at retail consultancy firm
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