Reliance picks up 12.7% stake in futuristic pod car system maker Sky Tran
Reliance Industrial Investments and Holdings, a wholly owned subsidiary of Reliance Industries, has picked up 12.7% stake in US-based tech firm Skytran that develops technology in the field of Personal Rapid Transit Systems. Founded in 2011, Skytran is backed by Innovation Endeavours, the venture capital firm started by former Google CEO Eric Schmidt. The investment […]