Reliance’s Mukesh Ambani gears up for e-commerce play, acquires two more startups

Reliance’s Mukesh Ambani gears up for e-commerce play, acquires two more startups

  • During an event in Gujarat in January this year, Ambani had announced plans of launching an e-commerce venture.
  • Textile-to-telecom giant Reliance Industries has now entered into agreements to acquire two startups, first, last mile logistics delivery service Grab A Grub and second, software services firm C-Square Info Solutions.
  • Around a week back, it had entered into agreements to acquire three startups – language localisation technology platform Reverie Language Technologies, software-as-a-service startup Easygov, software simulation services company SankhyaSutra Labs, according to regulatory filings and media reports.


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