Reliance may invest in Glance InMobi

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

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