Reliance Industries Limited (RIL) and Meta Platforms have unveiled a major joint venture Reliance Enterprise Intelligence Limited (REIL) backed by an initial investment of around ₹855 crore ($102.6 million). Formed on October 24, 2025, REIL aims to accelerate the adoption and development of enterprise Artificial Intelligence (AI) across India.
This collaboration brings together Reliance’s extensive domestic business ecosystem and Meta’s advanced AI capabilities to deliver sovereign, next-generation AI solutions tailored for Indian enterprises.
According to a filing with the BSE, REIL will focus on creating, marketing, and distributing AI-powered enterprise services. The venture required no governmental or regulatory clearances, ensuring a swift start to operations.
Also Read: Reliance to Begin Solar Power Generation in Kutch Next Year
Structurally, Reliance Intelligence Limited, a wholly owned RIL subsidiary, controls 70% of the new entity, while Facebook Overseas Inc., a Meta subsidiary, holds the remaining 30%.
The initiative, first announced by Mukesh Ambani at RIL’s 48th Annual General Meeting in August 2025, underscores Reliance’s vision to democratize access to enterprise-grade AI. Ambani highlighted that integrating Meta’s open-source Llama AI models with Reliance’s telecom, cloud, and industry expertise will help organizations from small businesses to large corporations harness AI for everyday operations.
Meta CEO Mark Zuckerberg described the venture as a pivotal step in applying open-source AI to real-world business challenges in India, fostering innovation and empowering developers nationwide.
We use cookies to ensure you get the best experience on our website. Read more...