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December 13, 2019 12:20 am GMT

Reliance Industries acquires a majority stake in SaaS startup NowFloats for $20M

Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without any web developing skills. In a regulatory filing on Thursday, Reliance Strategic Business Ventures Limited said(PDF) it has acquired an 85% stake in NowFloats for 1.4 billion Indian […]

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