Reliance Jio acquires Haptik in a deal valued at Rs. 700 crore

Reliance Industries Limited (RIL) today announced that its subsidiary Reliance Jio Digital Services Limited (RJDSL) has entered into a definitive business transfer agreement with Haptik Infotech Pvt Ltd (Haptik). On a fully diluted basis Reliance will hold about 87% of the business with the rest being held by Haptik founders and employees through stock option grants. Continue reading “Reliance Jio acquires Haptik in a deal valued at Rs. 700 crore”