Reliance Jio Buys 87% Stake In AI-Based Startup Haptik For ₹700 Crore

Reliance Jio Buys 87% Stake In AI-Based Startup Haptik For ₹700 Crore

  • Reliance Jio is poised to create more ripples in the artificial intelligence sector, with the acquisition of 87% stake in chatbot startup Haptik in a ₹700 crore deal.
  • The total transaction size, including primary capital investment, includes ₹230 crore as the consideration for the initial business transfer from Haptik to Jio.
  • The Haptik team will continue to drive the growth of the business, including the enterprise platform as well as digital consumer assistants.
  • The post Reliance Jio Buys 87% Stake In AI-Based Startup Haptik


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