Reliance has purchased 72.69 percent of shares of Bengaluru-based Embibe, an artificial intelligence-based education platform and has also planned to invest up to $180 million over three years into the edu-tech company.
Embibe uses data analytics to deliver personalised learning to students. It is believed that the company aims to use the monetary support to uplift their business, geographical expansion and at the same time to deepen its R&D on artificial intelligence in the education sector.
Reliance also plans to focus on catering to students across K-12, higher education, professional skilling, vernacular languages and all curriculum categories across India as well as internationally.
According to information stated by ZDNet Embibe believes that 60 Indian educational institutions benefited from its AI education platform as a service by reaching over 15 million students over the last five years. Reliance said it aims to connect over 1.9 million schools and 58,000 universities in India with technology.