Reliance acquires two more start ups; Mukesh Ambani gears up for e-commerce
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Reliance Industries acquire new start-ups & all set to enter highly competitive $36 million e-commerce ventures in India; which is currently dominated by Amazon & Walmart-owned-Flipkart. The startups are Reverie Language Technologies Pvt Ltd, Surajya Services Private Limited (Easygov) & SankhyaSutra Labs Pvt Ltd. During an event, Ambani announced plans of launching an e-com venture & it's evident with these acquisitions.