Reliance Sensehawk Usd 32 Million Deal Majority Stake Solar Energy Reliance

Reliance to Acquire Majority Stake in Solar Energy Software Developer SenseHawk for Million

Tech

Reliance to Acquire Majority Stake in Solar Energy Software Developer SenseHawk for $32 Million

ByNews Polite September 6, 2022

Reliance Industries Limited (RIL) announced on Monday that it has signed an agreement with California-based solar energy software developer SenseHawk to acquire a majority stake in the company. The deal is worth $32 million (roughly Rs. 260 crore), “including funding for future growth, commercial rollout of products, and R&D.” Reliance…

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