RIL acquires 5.56% stake in UK tech startup for â¹35 crore
Mukesh Ambani-led Reliance Industries on Saturday said it acquired a 5.56% equity stake in UK-based technology startup VAKT Holdings for â¹35 crore. Founded in 2018, the startup provides a platform for physical post-trade processing using blockchain technologies. The startup is also backed by banks including ING, Societe Generale and ABN AMRO. 