Haptik to raise INR 50 Cr from Reliance, gets first tranche
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Mumbai-based conversational AI assistant Haptik is securing cash from its parent company, Reliance Industries. According to the Ministry of Corporate Affairs filings accessed by Inc42, the company in a board meeting on May 29, decided to offer and issue upto 62,50,000 equity shares with a face value of INR 10 and premium of INR 70, worth INR 50 Cr to Reliance Industries in multiple tranches.