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Jio Platforms to absorb AI-driven edtech co Embibe
Mint New Delhi
|April 22, 2025
RIL, which acquired nearly 73% stake in Embibe in 2018, will completely merge the edtech firm into JPL
Jio Platforms Ltd (JPL), an arm of Reliance Industries Ltd (RIL) that houses its telecom and digital businesses, is set to absorb edtech firm Individual Learning Private Limited, or Embibe, in a move that has caused the retrenchment of nearly 300 employees over the past few months, people aware of the development told Mint.
"Embibe will become a part of Jio and will continue as an edtech firm. Jio is currently amid a due diligence exercise relating to the merger," said a senior industry executive, asking not to be identified.
Esta historia es de la edición April 22, 2025 de Mint New Delhi.
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