Mukesh Ambani's Reliance in talks to buy Urban Ladder, Milkbasket: Report

Mukesh Ambani-led Reliance Industries Limited (RIL) is in talks to acquire furniture startup Urban Ladder and dairy products delivery startup Milkbasket, The Times of India reported on Monday. The discussions have been taking place with Urban Ladder for the last few months are now in an advanced stage. RIL may pay around $30 million for Urban Ladder, the report added.