Mukesh Ambani’s Reliance ups the ante, acquiring an 85-crore-dollar stake in this US-based company, which specialises in…

Reliance Industries is investing $10 million to acquire 45% stake in Health Alliance Group Inc., a US-based company, through its subsidiary Reliance Digital Health Limited (RDHL). The investment aims to develop a virtual diagnostics and care platform that will bring affordable healthcare access to the masses. The deal, subject to close by 2024, will allow RDHL to commercially launch its services in India, focusing on underserved communities. The partnership is part of Reliance’s strategy to expand its presence in the healthcare and technology space, with a focus on innovation and social impact. The investment will also enable RDHL to develop advanced, cost-effective healthcare delivery models, making quality care more accessible to the public.