Reliance Industries completes acquisition of majority stake in Embibe

Reliance Industries has completed the acquisition of majority stake from existing investors of Indiavidual Learning (Embibe), a leading AI-based education platform leveraging data analytics to deliver personalized learning outcomes to each student.

With this transaction, RIL will hold 72.69% (on fully diluted basis) in Embibe. The founder and CEO of Embibe, Aditi Avasthi will continue in her leadership role and will drive the growth of the business.

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