Jalaj Djani

Reliance Retail Acquires 54% Shares in Addverb For ₹ 983 Cr.

Reliance Retail Acquires 54% Shares in Addverb For ₹ 983 Cr.

Reliance Retail Venture Ltd., the retail unit of Reliance Industries Ltd., has now acquired 54% stakes in Robotic Company, Addverb Technologies for ₹ 983 Cr. ($ 132 million approximately). Before this, Reliance has picked 25.5% stacks worth in Dunzo for $240 million.  With this, the company is expecting business extension in Europe and US and…