Reliance Industries Ltd is in talks to buy a stake in Glance InMobi Pte
Glance InMobi is an Indian mobile content provider backed by Google
The conglomerate is considering investing about $300 million
The transaction could be completed in the next few weeks
Glance InMobi pushes curated news and entertainment content onto phone lock screens
It also runs a short-video app
The deal would give Reliance access to valuable lock-screen real estate
Reliance is co-developing an affordable mobile phone model with Google
The deal would also give Reliance access to the emerging short-video market