Mukesh Ambani takes on Amazon, Walmart in e-commerce gamble
- The 63-year-old tycoon will likely deploy the same strategy he used to make his Jio mobile service a market leader following its 2016 launch
- In recent months Mukesh Ambani has raised more than $22 billion in a rights issue and through selling stakes in Reliance to foreign investors
Backed by multi-billion-dollar investments from global tech giants, India's richest man is ready to rumble with Amazon and Walmart for the country's huge e-commerce market through his conglomerate Reliance.
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