Sep 19, 2023, 05:09 PM IST
Mukesh Ambani, Reliance Industries chairman, is Asia’s richest man with a real-time net worth of Rs 7,87,080 crore.
The 66-year-old has invested in several startups in India with a wide range of acquisition and investing methods.
Here’s a list of startups backed by Mukesh Ambani:
Dunzo: Reliance Industries invested Rs 1490 crore in Dunzo in January 2022 aquiring 25.8% ownership in the company.
It is an AI-powered learning platform for students. In 2018, RIL acquired a 73% stake and invested approx Rs 1,340 crore.
It is a women's lingerie brand, which was acquired by Reliance Retail in 2022 for Rs 950 crore.
It is a startup for delivering medications online. Reliance Retail Ventures purchased the majority of Vitalic for Rs 620 crore in 2020.
Founded in 2012, Fynd is a multiplatform tech company specializing in retail-tech solutions. It is backed by Reliance Jio with Rs 190 crore.
Other startups backed by Ambani are: Haptik, Reverie, Grab etc,