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The announcement sparked mixed reactions on X.

The new venture, REIL, will focus on enterprise AI solutions using Meta’s LLaMA models and Reliance’s industry reach.

The program is designed to support ideas that could eventually reshape entire industries.

With nearly two decades in fintech engineering, Kumar joins to strengthen BharatPe’s tech and UPI infrastructure.

Despite the momentum propelled by robust exit markets and sustained focus on artificial intelligence, the domestic market has seen slower growth.