Khaitan, SAM act on Reliance Jio acquisition of chatbot firm Haptik for 700 crore

Bar & Bench April 4 2019

Reliance Industries Ltd, through its subsidiary Reliance Jio Digital Services Ltd, has acquired 87% stake in artificial intelligence (AI) chatbot company Haptik Infotech Pvt. Ltd for ₹700 crore.

Khaitan & Co acted for Reliance Jio and the team was led by Partners Vivek Sriram, Supratim Chakraborty, and Ashraya Rao along with Principal Associate Suhana Islam Murshedd, Senior Associate Aastha Khurana and Associates Aritri Roy Chowdhury, Rimjhim Khandelwal, Aman Dwivedi, Sarayu Satish and Amulya Sharma.

Principal . . .

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