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AZB assists RIL in $180m buy of AI edu platform with SAM

“Reliance Industries Limited has agreed to buy majority stake of 72.69% in the artificial intelligence (AI)-based education platform Indiavidual Learning Pvt Ltd (“Embibe”) from existing investors,” reported The Hindu.

AZB & Partners advised Reliance Industries Limited led by a team of partners Ashwath Rau; Anu Tiwari; Nilanjana Singh and lawyers Nirmal Mahtani, Utkarsh Bhatnagar; Rachana Rautray.

Shardul Amarchand Mangaldas & Co advised Indiavidual Learning Private Limited.


Deal value: Rs 1180 crore ($180m)

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