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India's Reliance Industries digital arm, Jio Platforms, acquires 25% stake in US tech firm

RIYADH: The digital arm of Reliance Industries, Jio Platforms, has invested $15 million in US tech firm Two Platforms Inc., for a 25 percent equity stake on a fully diluted basis. The move comes as the company steps up automation to bring in the next generation of technology based solutions across its business, India's Economic Times reported. Founded by Pranav Mistry, Two
Saudi Arabia Ar Riya Abu Dhabi Abuz Aby United Arab Emirates Pranav Mistry

Jio invests $15 million in deep tech startup Two Platforms

Mumbai: Jio Platforms Ltd on Friday announced an investment of $15 million in Two Platforms Inc, a Silicon Valley-based deep tech startup founded by Pranav Mistry, for a 25 per cent equity stake on a fully diluted basis. Two will work collaboratively with Jio to fast-track the adoption of new technologies and build disruptive technologies such as AI, metaverse, and mixed
Pranav Mistry Akash Ambani Jio Platforms Ltd On Platforms Inc Jio Platforms Ltd Two Platforms Inc

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