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Tuesday, March 5, 2019

RIL to buy 83% stake in Grab for Rs 146 crore

“The investment will augment the group’s digital commerce initiatives and strengthen its logistics services, catering to both B2B and B2C segments,” said the company. The acquisition is being made through RIL’s subsidiary Reliance Industrial Investments and Holdings. TOI was the first to report about the deal in its February 28 edition.

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