Reliance buys IT company for Rs 142 crore: 9 things to know

Mukesh Ambani-led Reliance Industries has acquired majority stake in an Indian startup. According to a regulatory filing with BSE and NSE, Reliance Industries revealed that it has acquired 85% stake in NowFloats, a Hyderabad-based startup for about Rs 141.67 crore. Here’s everything you need to know about Reliance Industries’ latest acquisition:

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