Reliance Retail Ventures Limited(RRVL), the retail unit of Reliance Industries Limited (RIL) has acquired a 54% stake (majority stake) in Addverb Technologies Private Limited, a Noida based robotics startup, for USD 132 million (~Rs 983 crore).
The SWIFT system stands for the Society for Worldwide Interbank Financial Telecommunication. It is the world's leading provider of secure financial messaging services.