Reliance Industries Limited spent close to $ 1 Billion dollar in recent acquisition of Tech companies + Startups. (Check table for details)
This acquisitions are green branches, still too young, touted to bring delicious fruits in returns. But question is again, what if these tender branches die? Answer: They won't. Reason is a very strong root of #Jio providing both nutrients (customer flow) & water (Funding).
Let us map acquired companies' synergy potential with current RIL's venture:
Netmeds' logistics will help JioMart while brand name can be used for future tel-medicine venture
Fynd & Grab will transform Reliance Retail & JioMart into major e-commerce player
Haptic, Reverei & Savaan will improve customer retention for Jio
Embibe & EasyGov will finally give RIL a chance to fight Byju/Vedantu in Edutech