Headquarters: Mumbai, Maharashtra, India
Founded: 2010
Founder(s): Mukesh Ambani
Notable Investors: Google, Meta, Qualcomm Ventures, Intel Capital, Saudi Arabia’s Public Investment Fund (SA-PIF), L Catterton, TPG, Abu Dhabi Investment Authority (ADIA), Mubadala, Silver Lake, Kohlberg Kravis Roberts (KKR)
Reliance Jio is a telecommunications company in India that was launched in 2016. It is a subsidiary of Reliance Industries Limited, one of the largest conglomerates in India. Reliance Jio is the newest entrant in the Indian telecom market, and it has disrupted the industry with its affordable data plans and advanced digital services.
Reliance Jio operates a nationwide 4G LTE network that offers high-speed internet services to its customers. Jio True 5G is being rolled out across the country, and is already present in over 3,500 cities and towns. In addition to traditional voice and data services, the company also offers a range of digital services, such as JioTV, JioCinema, and JioSaavn, among others. The company also has various business solutions including JioCloud.
The company has rapidly grown to become one of the largest telecom operators in India, with over 400 million subscribers as of 2021. The company has a strong focus on innovation and technology, and has been driving digital transformation in India through its various services and offerings.
Reliance Jio has also expanded into other sectors, such as e-commerce, healthcare, and education, among others, to provide a comprehensive digital ecosystem to its customers. The company has been actively investing in various digital startups and technologies to further strengthen its position in the Indian digital market.