India Digest: Reliance Retail invests $132m in Addverb; Nazara acquires Datawrkz

India Digest: Reliance Retail invests $132m in Addverb; Nazara acquires Datawrkz

The Reliance Industries Ltd. logo is displayed atop the company's gas station in Mumbai, India, on Thursday, July 19, 2012. Photographer: Dhiraj Singh/

Mukesh Ambani led Reliance Retail has acquired a 54% stake in Noida-based robotics company Addverb Technologies for $132 million. In another deal, Nazara Technologies has entered into an agreement to acquire a 55% stake in Datawrkz.