Question
Reliance Industries has acquired a majority stake of
79.4% in___________based SenseHawk Inc through primary infusion and secondary purchase, for $ 32million?Solution
Reliance Industries has acquired a majority stake of 79.4% in US-based SenseHawk Inc through primary infusion and secondary purchase, for $ 32million. SenseHawk, which was founded in 2018, is an early-stage developer of software-based management tools for the solar energy generation industry. SenseHawk helps accelerate solar projects from planning to production by helping companies streamline processes and use automation. RIL is committed to revolutionize the Green Energy sector and has a vision to enable 100 GW of solar energy by 2030.
What will be the fraction of 20%
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