Reliance Has Created A $24 Billion Holding Firm To Dominate India’s Digital Space
It had been long clear that Jio was just the beginning, and Reliance always had its eyes set on a large digital play. It now has an official company to do it through. Reliance has put $15 billion (Rs. 1,05 lakh crore) to create a holding company that will become its main vehicle through which it enters India’s digital and e-commerce space. The company will be valued at $24 billion, and Chairman Mukesh Ambani has...
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