
Mukesh Ambani goes back to the future – The Latest Investment in a pod taxi tech company
Mukesh Ambani goes back to the future - The Latest Investment in a pod taxi tech company Mukesh Ambani goes back to the future - The Latest Investment in a pod taxi tech company Mukesh Ambani has but once more displayed his seriousness in direction of know-how however consultants consider it could be too quickly to name his oil-to-telecom conglomerate “tech-first.” On Feb. 28, Ambani’s Reliance Industries (RIL) stated it had purchased an extra stake in skyTran, a US-based firm that has developed a know-how for working pod taxis, for $26.76 million (Rs196 crore). RIL had first picked up a 12.7% stake in skyTran in 2018 and acquired some extra shares of the corporate in 2019 and 2020. With the current deal, RIL’s stake in skyTrans stands at 54.5%. All these investments have been accomplished by…