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Reliance Industries in talks to invest $300 million in Google-backed unicorn Glance InMobi

Shortpedia

Content Team
Image Credit: Shortpedia

Mukesh Ambani-owned Reliance Industries Limited is reportedly in talks with Google-backed unicorn Glance InMobi to invest $300 million. Glance InModi is an Indian mobile content provider that creates curated news and entertainment content for phone lock screens. The platform also runs a short video app. The deal could prove beneficial for Reliance as it is developing affordable mobile phones with Google.