Mukesh Ambani convinced Facebook, Google, others to pump in $27 billion in Reliance; now he has to deliver

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 local 5G network; incorporating Facebook’s WhatsApp payments service into Reliance’s digital platform;