11. RIL Picks how many stakes in robotics startup Addverb Technologies for $132 million? A.65%B.50%C.54%D.45%
Answer: Option C Explanation: Reliance Retail Ventures Limited(RRVL), the retail unit of Reliance Industries Limited (RIL) has acquired a 54% stake (majority stake) in Addverb Technologies Private Limited, a Noida based robotics startup, for USD 132 million (~Rs 983 crore).
