Mukesh Ambani to invest in Israeli, Silicon Valley Startups [India?]

TMukesh Ambanihe billionaire Mukesh Ambani is all set to invest in Israeli and Silicon Valley high-tech startups as Reliance Industries Ltd is building a $13.6 billion fourth-generation phone network in India.
“GenNext Ventures, owned by Reliance Industries Ltd., is talking to other venture capital firms and private equity investors in those countries and in the U.K. to pick out candidates”, says Vivek Rai Gupta, Managing Partner.
NextBigWhat Asks: Why not focus on India alone? Companies like Reliance can play a HUGE role in becoming a customer to Indian startups – right from hardware to software to enterprise startups.
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