- “With a new focus set on India’s ecommerce market worth $200 Bn in 2019, Mukesh Ambani-led Reliance Industries is continuing to build its arsenal of etailer-related services by acquiring promising players from the Indian startup ecosystem.
- Ambani is targeting Indian ecommerce market which is largely dominated by Amazon and Walmart-owned Flipkart. A recent Deloitte India and Retailers Association of India (RAI) report predicted ecommerce market to grow to $1.2 Tn by 2021.”
