Which company acquired Chatbot Making Startup Haptik for Rs.700 crores?
Options
A. Tech Mahindra
B. Aditya Birla Group
C. Hathway
D. Reliance Jio Digital
Correct Answer
Reliance Jio Digital
Explanation
Reliance Jio Digital, a subsidiary of Reliance Industries acquired a chatbot making startup firm Haptik worth for Rs.700 Crore. In this Rs.700 Crore deal,Rs.230 Crore will be used for business transaction and Rs.470 Crore will be used for business expansion. After this acquisition, Reliance Jio Digital will now hold 87% stake in Haptik, while Existing investor Times Internet which holds 70% stake will exit the company.
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