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Mukesh Ambani Set To Bet Big On Deeptech, Ecommerce, Agritech & Fintech At Reliance AGM

According to media reports doing rounds, Reliance Industries had been in talks with Google and Microsoft for fundraising. Therefore, Reliance Industries was looking to accommodate only one of these players. Last month, Mukesh Ambani-led Reliance Jio also sought the telecom department’s permission to do lab testing of its in-house developed 5G products. After the report was published, shares of Future Retail were hit 5% upper circuit limited while Reliance Industries’ shares climbed 2%. Currently, Reliance operates in the grocery segment with Reliance Fresh and JioMart, clothing and accessories segment with Reliance Trends, ecommerce with Reliance Retail.

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