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Reliance To Acquire US-Based Radisys For $74 Million, Plans To Accelerate 5G, IoT Growth

Reliance Industries Limited is set to acquire US-based Radisys, a noted open telecom solutions provider for a whopping $74 million. According to a statement released by Radisys, they have entered into a “definitive agreement” under which RIL will acquire Radisys…

Meet JioInteract, Reliance’s New AI-Based Brand Engagement Platform

Reliance Industries Limited announced the launch of Jiointeract on Thursday, in what the company is calling as the “world’s first artificial intelligence-based brand-engagement video platform.” The official statement read, “The first of many services to be launched on this platform…

Why Reliance Invested In AI-Based EdTech Startup Embibe

After Jio’s success, when Mukesh Ambani signalled that he was ready to infuse more funds in the sector in his next investment cycle, he meant it. Education was one of the missing pieces for Reliance Jio which made Ambani venture…

RIL invests in Visual Analytics through NetraDyne

Reliance Industries Limited (RIL) has intimated the stock exchanges, BSE and NSE, that the company would be investing US$16 million (approximately Rs. 108 crore) in NetraDyne, a US-based visual analytics start-up. The investment will be carried out through RIL’s wholly…

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