While ‘super apps’ are where the conversation is currently centered, I believe the focus should instead be on ‘super tech ecosystems’. A case in point: Jio. The tech stack at Jio, via a series of acquisitions and investments, now includes a conversational Artificial Intelligence (AI) layer, a vernacular voice tech layer, a logistics layer, as well as …
Billion-dollar investments, marquee shareholders, and a business built without any Chinese footprint, India’s 10-month old Jio Platforms appears to have all the right ingredients to become the next big global tech giant. At a time when the world is dealing with a raging pandemic and the global economy is in turmoil, Jio Platforms, a digital …
Of Rs 75,000 crore of the India Digitisation Fund that Google plans to invest in India in the next five to seven years, Rs 33,737 crore will be invested in Jio Platforms. The transaction, subject to regulatory and other applicable customary approvals, will be aimed at tapping the affordable smartphone market yet again. The two …
With an illustrious automotive legacy dating back to 1924, the iconic Morris Garages brand has always been at the forefront of making cars for the future. In 2019, the brand entered India with its connected car offering, MG Hector. Since its debut in June 2019, MG Hector has become one of the most popular SUVs …
Reliance Jio is reportedly planning to acquire Haptik, India’s homegrown Conversational AI platforms, in a deal worth >US $29M. What does the Haptik acquisition portend for Reliance? How does this acquisition sit within the string of recent acquisitions by the company? What does Reliance’s moves imply for India’s e-commerce future? First, the backstory. Haptik …