News > Reliance Industries in talks to buy stake in Google-backed Glance InMobi

Reliance Industries in talks to buy stake in Google-backed Glance InMobi

27/09/2021 07:56 PM | Click to read full article

Reliance Industries Ltd. is in talks to buy a stake in Indian mobile content provider Glance InMobi Pte, according to people familiar with the matter.

The conglomerate is considering investing about $300 million in the unicorn backed by Alphabet Inc.’s Google, the people said, asking not to be identified as the information is private. The transaction could be completed as soon as in the next few weeks.

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