Reliance picks up majority stake in VC-backed solar software firm SenseHawk
In collaboration with SenseHawk, RIL will drive down costs, enhance productivity and improve on-time performance to deliver the lowest LCoE for solar projects globally and make solar energy the go-to source of power
NEW DELHI: Billionaire Mukesh Ambani-led Reliance Industries Ltd. on Tuesday said it has signed definitive agreements with SenseHawk Inc. to acquire a majority stake in the California-based solar software startup for $32 million ( ₹255 crore).
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more