Reliance Invests $180M in Embibe, the Largest AI Platform for Education

Reliance is set to pick up a majority 72.69 percent stake in online education platform Embibe, which uses data analytics to deliver personalised learning outcomes to students. Reliance agreed to invest the rupee equivalent of $180M into Embibe, the Bengaluru-based AI education platform, over the next three years. A part of this will be towards acquiring a stake of 72.69 percent from Embibe’s existing investors.┬áThe transaction is subject to customary closing conditions. Read full article online >>

This site uses cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyze your use of products and services, assist with our promotional and marketing efforts.

Accept