Home Business Facebook bets on India with $5.7 billion Reliance deal Business Facebook bets on India with $5.7 billion Reliance deal By Genpie - April 22, 2020 154 0 Facebook Twitter Google+ Pinterest WhatsApp Facebook is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country.