20 likes | 32 Views
Read more about Reliance Industries invests Rs 700 crore in AI start-up Haptik Infotech on Business Standard. The focus is on enhancement and expansion of the platform, with an addressable market opportunity of over a billion users
E N D
Reliance Industries invests Rs 700 crore in AI start-up Haptik Infotech The focus is on enhancement and expansion of the platform, with an addressable market opportunity of over a billion users Company News: Reliance Jio Digital Services had gone into a key exchange with Haptik Infotech, a conversational man-made brainpower (AI) stage that will fabricate India's biggest AI right hand organization crosswise over visit, voice and territorial dialects. Dependence Industries (RIL) said on Wednesday its backup The organization said the exchange measure (counting venture for development and extension) is assessed to be Rs 700 crore, with Rs 230 crore as the thought for the underlying business exchange.
"The Haptik group will keep on driving development of the business, including the undertaking stage just as advanced shopper aides. On a completely weakened premise, Reliance will hold near 87 percent of the business, with the rest being held by the Haptik organizers and representatives through investment opportunity concedes," the firm said.Read More Business Standard