• About
  • Contact
Friday, April 23, 2021
Next Big Brand
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview
No Result
View All Result
Next Big Brand
Home Industries

RIL – The Juggernaut Of Acquisitions & Investments

Mihir Gupta by Mihir Gupta
January 4, 2020
in Industries, News
5 min read
0
RIL Soon To Have a non-Ambani MD In The Company
Share on FacebookShare on Twitter
RIL investments
RIL investments
  • $566 million in media and education.
  • $194 million in retail.
  • $1.2 billion in telecom and internet.
  • $100 million in digital
  • $391 million in chemical and energy space.

Above is not the potential of these markets, it’s the amount Reliance Industries has injected into these sectors from time to time.

No matter how brilliant your mind or strategy, if you’re playing a solo game, you’ll always lose out to a team – Reid Hoffman.

2019 was the busiest year for Reliance Industries. During 2018-2019 RIL is said to acquire, invest a did joint venture deals in around 49 big and small companies. While some deals will be closed in the financial year 2020-21.

Pre demonetization era, RIL was working on markets like energy, petrochemicals, textiles, natural resources, retail, and telecom. Post demonetization, the conglomerate entered new ventures like eCommerce, mixed reality, big data, logistics, and deep technology.

In the past 3 years, RIL is said to invest worth $3 billion to boost product offerings of its subsidiaries and help its other verticals to be even more tech-friendly.

Having 50 years of legacy, RIL is now establishing various verticals that will keep a check on India’s market to look out for start-ups and businesses that might sync well with their business verticals.

RIL established Reliance Strategic Business Ventures Limited (RSBVL) which invested in NowFLoats Technologies, Asteria Aerospace to name a few.

Reliance’s GenNext ventures partnered with Microsoft aims to acquire a 15% stake in young start-ups. Reliance also plans to set-up INR 5,000 crore venture capital fund – Reliance Jio Digital India Start – to boost entrepreneurship in the country over a period of 5 years. Through this set-up, the company is said to boost markets like agriculture, education, health, and rural livelihood.

Let’s have a look at RIL’s various investments and acquisitions and then connect the dots that would peep into the conglomerate’s strategy to utilize the resources.

Company Name Amount Injected by RIL RIL Stake Year
C-Square INR 22.04/- crores 82% March – 19
EasyGov INR 18/- crores 76% Feb – 19
Embibe INR 1293.6 crore 72.69% Apr – 19
Fynd INR 295/- crores 87.60% Aug – 19
Grab INR 107/- crores 83% March – 19
Haptik INR 700/- crores 100% March – 19
Netradyne INR 172/- crores 37.4% 2018-19
Reverie INR 190/- crores 83% Feb – 19
Saavn INR 10/- crores 100% Apr – 19
Sankhyasutra INR 16.2 crores 83% March – 19
Tesseract Undisclosed 92% May – 19
Asteria Aerospace INR 23 crore (more to fund) 51.7% Dec – 21
NowFloats INR 141.63/- crores 85% Dec – 19
Hamley’s INR 638/- crores 100% May – 19
John Players INR 150/- crores 100%

March – 19

And the list goes on and on. We are expecting a couple of more investments from RIL’s side this year as they have made clear about entering into the food and grocery market with JioMArt. Acquiring logistics start-up Grab and software company C-square is inclined towards the smooth flow of RIL’s JioMArt.

While Reverie, real-time delivery of online content in multiple Indian languages, EasyGov is a (SaaS) start-up providing citizens to search and apply for various government schemes and services from its platform.

SankhyaSutra virtually provides solutions to industrial issues eliminating needs to conduct costly physical experiments.

Tesseract is a deep-tech start-up and launched 3 hardware and 2 software products in MR, AR and VR spaces – Methane, Holoboard & Quark. Holoboard is said to be the first made-in-India AR headset that syncs with smartphones. Tesseract will continue to work independently but the team has developed Jio HoloBoard as a native mixed reality headset for JioFiber users. Reliance Jio wants to make headsets available for purchase in the market soon at extremely affordable prices.

In December last year, RSBVL took 85% stakes in Nowfloats Technologies for INR 141.63 crores with a proposal to make a further investment of INR 75 crores to achieve desired milestones. Investment is expected to be completed by December this year after which RSBVL will have 89% stakes in the start-up.

The spending spree from conglomerate indicates RIL’s aspiration to be among the top 20 companies globally. With India chasing to become $5 trillion economies by 2025, efforts of big companies not only support India’s vision to be a superpower but they are also providing a stage for innovative start-ups where they can catch rapid growth and scale-up RIL overall.

While alone acquisitions may not make much sense, collectively they contribute to research and development in RIL. They are an important bet considering Reliance Industries’ plans around strengthening its presence across verticals.

Tags: Jiomartreliance acquisitionsReliance BrandsReliance Industries Limitedreliance joint venturesReliance news
Previous Post

Before Quitting YouTube, PewDiePie made £54 M from ads & merch

Next Post

Binge Watchers Go Nuts As Netflix Launches ₹ 1,199 Annual Plan

Mihir Gupta

Mihir Gupta

Neophyte | Bibliophile | Audiophile

Related Posts

Cryptocurrency

CoinSwitch Kuber Raises $25 Million at a Valuation of $500 Million

April 22, 2021
MPL Raises $95 Million in Series D Funding Round
News

MPL Acquires GamingMonk

April 20, 2021
Chargebee Raises $125 Million at a Valuation of $1.4 Billion
News

Chargebee Raises $125 Million at a Valuation of $1.4 Billion

April 20, 2021
Facebook Announces Suites of Audio Products
Internet

Facebook Announces Suites of Audio Products

April 20, 2021
TrulyMadly raises INR 16 Crore in pre-Series A; Valuation jumps 4x in 6 months
Internet

TrulyMadly raises INR 16 Crore in pre-Series A; Valuation jumps 4x in 6 months

April 20, 2021
Razorpay Raises $160 Million at a Valuation of $3 Billion
News

Razorpay Raises $160 Million at a Valuation of $3 Billion

April 19, 2021
Next Post
netflix India - Next Big Brand

Binge Watchers Go Nuts As Netflix Launches ₹ 1,199 Annual Plan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECOMMENDED NEWS

Louis Vuitton- Next Big Brand

Owner Of Fashion Giant Louis Vuitton Offers $14.5 billion to Tiffany & Co.

1 year ago
Varun Beverages Opens 550 Crore Unit in Pathankot, Punjab!

Varun Beverages Opens 550 Crore Unit in Pathankot, Punjab!

2 years ago
Brand Virat Kohli- The Most Marketable Cricketer In The World

Brand Virat Kohli- The Most Marketable Cricketer In The World

6 months ago
RIL Top 50 Companies Market Cap Debt Free- Next Big Brand

RIL Is Among Top 50 Most Valued Publicly Traded Companies Globally

9 months ago

FOLLOW US

  • 34k Fans

BROWSE BY TOPICS

2018 League amazon Amazon Great Indian Sale Amazon Prime Apple Apple Inc Automobile Industry Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan facebook Facebook app future group hotstar Indian OTT Platforms Indian Smartphone Market Istana Negara Jio Market Stories Maruti Suzuki National Exam Netflix Netflix India Netflix Originals oppo OTT OYO Realme Reliance Industries Limited Reliance Jio RIL Samsung Tata Motors Tiktok TikTok India TikTok Videos Visit Bali Vivo whatsapp Xiaomi Xiaomi India YouTube
Next Big Brand

We Talk About Brands

Follow us on social media:

Recent News

  • CoinSwitch Kuber Raises $25 Million at a Valuation of $500 Million
  • WazirX: Representing India at Global Cryptocurrency Market
  • Instamojo- Providing the Online Payment Gateways to MSMEs

Instagram

Follow Me!

Latest News

CoinSwitch Kuber Raises $25 Million at a Valuation of $500 Million

April 22, 2021
WazirX: Representing India at Global Cryptocurrency Market

WazirX: Representing India at Global Cryptocurrency Market

April 22, 2021
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview

© 2019 NBB. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.