Reliance Industries’ (RIL) majority-owned subsidiary -- Jio Platforms (Jio) has made an investment of $ 15 million in a Silicon Valley-based deep tech startup Two Platforms Inc for a 25 per cent equity stake on a fully diluted basis. Founded by Pranav Mistry Two Platforms Inc (TWO) is an Artificial Reality company with focus on building interactive and immersional AI experiences. After text and voice, TWO believes the next chapter of AI is visual and interactive.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
