Friday, September 28, 2018

Global AI StartUp NetraDyne gets $8 mln more from India's largest conglomerate Reliance Industries

NetraDyne, A global leader in artificial intelligence technology has received second round of $8 mln funding from Mukesh Ambani led Reliance Industries. Reliance Industries has already invested $16 mln last year in June 2016.

Pic Source: https://www.netradyne.com/


Reliance Industries has made this investment through its wholly owned subsidiary Reliance Industrial Investments and Holdings Ltd.

NetraDyne is a high-end artificial intelligence based technology-driven company providing products around fleet management, automotive, security and surveillance.

It seems Reliance Industries is seriously looking to encash the buzz of artificial intelligence. It will help the behemoth to make new products around new technologies.




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