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Mukesh Ambani sold dreams to tech giants for $27 bn. Now he has to deliver

Investors are watching Ambani's every move as he overhauls his empire -- with a market value of $179 billion -- in the middle of a pandemic

Mukesh Ambani
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The Indian tycoon’s fundraising spree was initially meant to be more of a Plan B.

Anto Antony, P R Sanjai and Saritha Rai | Bloomberg
Mukesh Ambani spent much of 2020 convincing Facebook Inc., Google and a clutch of Wall Street heavyweights to buy into his vision for one of the world’s most ambitious corporate transformations.

Now flush with $27 billion in fresh capital, Asia’s richest man is under pressure to deliver.

The 63-year-old Indian tycoon is focused on a handful of priorities as he tries to turn Reliance Industries Ltd. from an old-economy conglomerate into a technology and e-commerce titan, according to recent public statements and people familiar with the company’s plans.

These include developing products for the anticipated roll-out next year of a

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