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Reliance, Meta announce AI joint venture in India
Orissa POST
|October 26, 2025
Reliance Industries on Saturday announced that its subsidiary, Reliance Intelligence Ltd, has established a joint venture with US tech giant Meta's subsidiary to market and distribute enterprise AI in India.
A new company, namely Reliance Enterprise Intelligence Limited (REIL), has been formed as a joint venture with Facebook Overseas, Inc., according to an exchange filing.
The Mukesh Ambani and Mark Zuckerberg-led companies have committed an initial combined investment of around Rs 855 crore in the unit, aimed at "developing, marketing, and distributing enterprise AI services."
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