Reliance invests $100M in Kalaari Capital through Jio Platforms
This is Reliance’s first investment in a venture fund
An additional $100 Mn will be infused into Kalaari by next year
Over the years, Reliance had also acquired a controlling stake in four startups backed by Kalaari
Kalaari Capital is one of India’s earliest homegrown venture funds
The fund currently manages assets worth $650 million
