Reliance buys artificial intelligence-based chatbot firm Haptik in Rs 700 crore deal4Photo© firstpost.com

Reliance buys artificial intelligence-based chatbot firm Haptik in Rs 700 crore deal

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New Delhi: Reliance Jio Digital Services has acquired artificial intelligence firm Haptik in a Rs 700 crore deal.

Reliance will hold about 87 percent of the business with the rest being held by Haptik founders and employees through stock option grants.

The business transfer agreement has been signed by Reliance Jio Digital Services Limited with Haptik Infotech Pvt Ltd (Haptik).