Reliance

Reliance, Brookfield, and Digital Realty's joint venture Digital Connexion plans to invest $11B by 2030 to build a 1 GW data center in India's Visakhapatnam

Sanjai P R / Bloomberg :

Sources: Adani Group has shelved plans for a consumer super app amid losses and internal turmoil, as Reliance and Tata also struggle to scale their platforms

Bloomberg :

Sources: Shein and Reliance plan to expand their Indian supplier base from 150 to 1,000 and sell India-made, Shein-branded clothes globally within 12 months

Sources: Reliance writes off its $200M investment in Bengaluru-based hyperlocal delivery startup Dunzo, as CEO Kabeer Biswas looks to sell Dunzo for $25M-$30M

SUMMARY  —  Dunzo cofounder and CEO Kabeer Biswas as per our sources is leading talks with high net worth individuals and family offices for an acquisition deal

Sources: Bharti Airtel's JV with Eutelsat OneWeb could launch satellite internet services in India in June, and Reliance expects to follow later in 2024

Financial Times :

Sources: Bharti Airtel's JV with Eutelsat OneWeb could launch satellite internet services in India in June, and Reliance expects to follow later this year

Bharti Airtel's joint venture with Eutelsat OneWeb could start operating in June  —  India's biggest telecom companies …

India's two leading streamers, JioCinema and Disney+Hotstar, to merge after Reliance, its portfolio company Viacom18, and Disney merge their businesses in India

Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media entity in the South Asian market.

A look at Reliance's JioCinema, which had 400M+ IPL cricket stream viewers, acquired content rights from NBC, HBO, and WBD, and is challenging Disney in India

Reliance buys a majority stake in Indian startup Addverb, which uses robots to make e-commerce warehouses and energy production more efficient, for $132M

Saritha Rai / Bloomberg :

A look at the legal fight between Amazon and Reliance over Indian retail company Future Group, which has agreed to sell its retail assets to Reliance for $3.4B

Aman Sethi / New York Times : Tweets: @nytimes , @raju , @dealbook , and @dealbook Tweets: @nytimes : A grocery chain in India is at the center of a battle between Amazon and one of the world's riche...