the Company has entered into a binding term sheet with Pennant Technologies Private Limited (‘Pennant’) on 16 October 2023, at or about 8:40 p.m., for acquisition up to 26% equity stake in Pennant.
The object of the strategic investment is to strengthen Company’s technology roadmap.
This is significant for the long term strength of the company. Jio Finance in it’s presentation has clearly shown it’s focus on Tech to grow business.
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