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6 days ago

Reliance and Meta forge ₹855 crore AI joint-venture in India

Reliance Industries Ltd and Meta Platforms, Inc.-owned Facebook Overseas Inc today announced a joint-venture in India to develop enterprise-AI services. The new entity — Reliance Enterprise Intelligence Ltd (REIL) — will be 70 % owned by Reliance and 30 % by Meta, with a combined investment of about **₹855 crore**. The JV will design, market and distribute AI tools tailored for Indian enterprise applications. Analysts say the tie-up reflects accelerating AI adoption in India and global tech-players’ localization push. Execution and data-privacy compliance remain key watch-points.

Business Standard

Explore:High Return Equity Mutual Fund

positive

6 days ago

Reliance and Meta forge ₹855 crore AI joint-venture in India

Business Standard

Explore:High Return Equity Mutual Fund

positive

Reliance and Meta forge ₹855 crore AI joint-venture in India

7 days ago

1 min read

86 words

Reliance and Meta launch a ₹855 crore AI joint-venture in India focused on enterprise-AI, signalling strong localization of global tech and AI adoption.

Companies:

Reliance Industries Ltd

Meta Platforms, Inc.

Tags:

india

tech

joint-venture

enterprise software

Source: Business StandardExplore:High Return Equity Mutual Fund

Oct 25, 2025 • 08:28 IST

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