The inside story behind Reverie's acquisition by Reliance
Local language technologies developer Reverie Language Technologies was recently acquired by Reliance Industries for Rs 190 crore in cash and a further Rs 77 crore in investment. The acquisition made the headlines for all the right reasons – solid returns for investors; the right rationale and fit; and wealth creation for founders and employees. All good reasons, but there’s more. So says Arvind Pani, the Co-founder and CEO of Reverie, in an exclusive interaction with YourStory Founder and CEO Shradha Sharma.