Reliance Industries Limited (RIL) has reportedly agreed to invest over $180 million into AI-based education platform, Embibe over the next three years. This will put RIL in a position to buy out around 72.69% stake from Embibe’s existing investors including Lightbox and Kalaari Capital.
Edtech Startup Embibe to receive $180 million Strategic Investment from RIL
Date posted: Monday 16 April 2018