Reliance Ind picks 5.56% stake in tech start-up for $5 mn
Reliance Industries said Saturday it has acquired 5.56 per cent equity stake in technology start-up Vakt Holdings Ltd, UK (VHL), for USD 5 million (approx Rs 35 crore).
![Reliance Ind picks 5.56% stake in tech start-up for $5 mn Reliance Ind picks 5.56% stake in tech start-up for $5 mn](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2018/12/23/65744-ril-pti.jpeg?itok=T6fRhQNt&c=afe51b0c2f88ea19f6367f993e9fa49a)
Reliance Industries, in a regulator filing, said it has acquired the equity stake in VHL, a closely held start up entity engaged in the technology space, for cash aggregating to USD 5 million. Image source: PTI