Reliance Retail Ventures Limited(RRVL), the retail unit of Reliance Industries Limited (RIL) has acquired a 54% stake (majority stake) in Addverb Technologies Private Limited, a Noida based robotics startup, for USD 132 million (~Rs 983 crore).
The 'India Water Pitch-Pilot-Scale Start-up Challenge' has also been launched under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 scheme. The Challenge has been launched on the MyGov platform.