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RIL arm to invest ₹300 cr in robotics co

By Debjyoti Roy

  • 28 Dec 2021
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RIL arm to invest ₹300 cr in robotics co
Credit: VCCircle

Reliance Retail Ventures Ltd, the retail unit of Reliance Industries Ltd, is likely to acquire a minority stake in warehouse robotics company Addverb Technologies Pvt. Ltd for around ₹300 crore, two people familiar with the matter said. If the deal goes through, it will value Addverb Technologies at ₹1,590-1,660 crore, the ......

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