The conglomerate is considering investing about $300 million in the unicorn backed by Alphabet Inc.’s Google, the people said, asking not to be identified as the information is private. The transaction could be completed as soon as in the next few weeks, one of the people said.

Glance InMobi pushes curated news and entertainment content onto phone lock screens and also runs a short-video app. Reliance’s investment could involve strategic cooperation along with financial element, a different person said.

Such a deal would give Reliance access to valuable lock-screen real estate on the affordable mobile phones it’s co-developing with Google and slated to hit the market in time for the Diwali shopping season in end of October. It would also give Reliance strategic entry into short-video content, a category where users are skyrocketing.

Deliberations are ongoing and Reliance could decide not to proceed with the investment, the people said. A representation for Glance did not immediately respond to an email seeking comment.

Google agreed last year to invest $4.5 billion in a partnership with Reliance, which included plans for a low-cost smartphone as part of Reliance Chairman Mukesh Ambani’s efforts to build a local technology titan. The phone was set for its debut earlier this month, but the launch was delayed due to global shortage of semiconductors.

It is a learning edge for young entrepreneurs to take advantage of responsibilities and opportunities in their own businesses after looking at the foreign direct investments made in Reliance Industries by countries like Japan and Saudi Arabia SoftBank. This meticulous plan by Mukesh Ambani deleverage business by selling stakes shows that his visionary leadership is in investment in future.

Mukesh business styles and strategies have always given an impression of him walking in his father’s footsteps while following his ideal and framing an example for future generations. This son of a rich and noble family got the revolutionary attitude safe and teamwork business management skills and a helping attitude all endorsed from his father while disciplining determination and nationalist attitude from his mother to whom he was the closest among all the family members.

Mukesh Ambani this 62-year-old business tycoon owns a property of 50 billion dollars featured on Forbes billionaires list as the 13th richest businessmen in the whole world and the sole Indian among the top wealthiest person this makes India proud. Although he has captured a lot of attention in the business and corporate world since the year 2000 when he had received the Ernst and young entrepreneur of the year award. He was really passionate about business and entrepreneurship since his childhood. Even though he is currently India’s wealthiest individual he is always known for Being humble-minded.

Until the late 1970s, Mukesh’s family lived in a 2 room house in Bhuleshwar Mumbai later Dhirubhai bought a 14-floor building in Colaba, Mumbai.  where Mukesh and other members of the Ambani family lived for many years. Now Mukesh Ambani lives with his family in the world’s most expensive 400,000-square-foot building ‘Antilla’ in South Mumbai.

Reliance Industries business is spread across various sectors such as petrochemical gas oil retail and also refining. Apart from these sectors, he is also known for owning oh IPL cricket team named Mumbai Indians.  Apart from his company, Mukesh Ambani has also been a member of various committees, chairman and board of reputed companies at different times. He has also served as the Chairman of the Board of the Indian Institute of Management Bangalore, India’s premier management institute.

He completed his early education at hill branch high school in Pedder Road, Mumbai from his school days only he was not an ordinary individual he always used to dream big and always wanted challenges in life and become a successful businessman like his father. He considered his father a role model.

Mr Ambani, a graduate in Chemical Engineering from the Institute of Chemical Technology, Mumbai, started an MBA program at Stanford University in the US. In 1980, when the Indira Gandhi government started the PFY (Polyester filament yarn), then Reliance also submitted its claim for the license and succeeded in getting licenses between Tata, Birla and 43 more veterans.

Mukesh Ambani is the face of sustainable Indian business that has lasted for more than 4 decades, he represents a strong image of the Indian business sector to the whole world continuously advancing and being progressive. He will always remain the top business mentors and the idol of every entrepreneur existed in India who aspired to emulate his capabilities and establish a name for them in the current competitive business world there are many lessons which entrepreneur can learn from Mukesh Ambani life story.