Mukesh Ambani’s Hybrid Strategy For ‘Amazon-Killer’ JioMart

Mukesh Ambani-led RIL’s new arm JioMart will take on Amazon and Flipkart but with a different warehousing-less strategy aided by a tech acquisition spree.

With Fynd And Asteria, Ambani’s Reliance Challenges Amazon’s Monopoly The Bezos Way

Mukesh Ambani-led Reliance has been on a tech investment spree with firms like Fynd and Asteria, and though it’s not out in the open, the pattern similar to Amazon’s investment approach suggests the Indian Mogul is gearing up to challenge Jeff Bezos’s monopoly in the e-commerce domain.

Reliance to acquire majority stake in Google-backed Fynd

Mukesh Ambani-led Reliance Industries’ subsidiary Reliance Industrial Investments and Holdings Ltd (RIIHL) is investing Rs 295.25 crore in