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Reliance Retail has picked up a 54% stake in robotics company Addverb Technologies for $132 million, with the former becoming the largest shareholder.
Reliance Retail made significant acquisitions in recent months.
Leading homegrown robotics company Addverb Technologies on Tuesday said that Reliance is investing up to $132 million in the company to become its largest shareholder. The funding will accelerate its expansion in Europe and the US, enabling ...
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