Reliance Industries has inked a pact to acquire a significant stake in Shopsense Retail Technologies for up to ₹295.25 crore. Reliance Industrial Investments and Holdings Ltd (RIIHL), a wholly-owned subsidiary of the company, has entered into an agreement for acquisition of shares of Shopsense Retail. The aforesaid investment will further enable the group’s digital and new commerce initiatives.
Reliance Industries to acquire stake in Shopsense Retail for ₹295 crore
Date posted: Monday 5 August 2019