Mumbai, October 26, 2025 – In a landmark collaboration blending tech giants’ strengths, Reliance Industries Limited and Meta Platforms Inc.’s Facebook Overseas have formalised a joint venture, Reliance Enterprise Intelligence Limited (REIL), with a committed initial investment of Rs 855 crore. This enterprise AI venture marks a significant step in India’s burgeoning AI ecosystem, leveraging Meta’s open-source Llama models and Reliance’s vast enterprise network to deliver cutting-edge solutions across sectors.The JV, first teased at RIL’s Annual General Meeting in August 2025, was officially incorporated on October 24, 2025, as a wholly-owned subsidiary of Reliance Intelligence Limited—a 100% arm of RIL. Under the agreement, Reliance Intelligence will hold a commanding 70% stake, while Facebook Overseas secures 30%. The partners have pledged the Rs 855 crore infusion to fuel development, marketing, and distribution of AI-driven tools tailored for businesses, from predictive analytics to automation platforms. Initial capital includes Reliance’s Rs 2 crore subscription for 20 million equity shares at Rs 10 each, with no regulatory approvals required for the setup.
Strategic Focus and Partnership Dynamics
REIL’s mandate centers on enterprise AI services, aiming to empower Indian industries with scalable, cost-effective intelligence solutions. By integrating Meta’s advanced Llama AI frameworks—known for their efficiency in natural language processing and generative tasks—with Reliance’s deep-rooted presence in telecom, retail, and energy, the venture positions itself as a frontrunner in democratizing AI for SMEs and large corporations alike.This move builds on the duo’s storied partnership, which began in April 2020 when Facebook invested $5.7 billion (Rs 43,574 crore) in Jio Platforms, cementing Meta as Jio’s largest minority shareholder. Industry analysts hail the JV as a “game-changer” for India’s AI adoption, potentially accelerating digital transformation amid the government’s push for a $1 trillion digital economy by 2028. Early applications could span Jio’s 500 million+ user base, enhancing personalized services in e-commerce and content delivery.Mukesh Ambani, RIL Chairman, emphasized innovation’s role in national growth, while Meta’s leadership sees it as an extension of their “open AI” philosophy. With AI investments in India projected to hit $7.8 billion by 2025, REIL could capture a substantial slice, fostering job creation in tech hubs like Bengaluru and Hyderabad.As global AI competition intensifies, this Indo-US tie-up underscores India’s rising clout, promising ripple effects on stock markets—RIL shares edged up 1.2% in early trade post-announcement—and the broader startup landscape.
