
Sumaila Zaman
Sumaila Zaman is a Senior Sub Editor at India.com, where she covers key developments and trending events across education, world affairs, business, and current news. She can be reached at sumaila.zama ... Read More
Who does not know about Mukesh Ambani, the billionaire head of Reliance Industries? Mukesh Ambani has created one of India’s largest business enterprises. Never behind the curve, Ambani is now ahead of the game again, and this time he is moving forward into the fast-growing world of artificial intelligence. With a new partner, global technology giant Meta Platforms, Reliance is planning to invest Rs 855 crore into AI services in India through its newly formed company, Reliance Enterprise Intelligence Limited (REIL).
This new partnership signals Ambani’s ambition to not only further solidify Reliance’s technology portfolio but also to target India’s AI market, projected to be Rs 20–22 billion by 2027. The announcement was made by Reliance Chairman Mukesh Ambani and Meta CEO Mark Zuckerberg.
According to a company statement released on Saturday, the new entity, named Reliance Enterprise Intelligence Limited (REIL), will focus on “developing, marketing and distributing enterprise AI services.”
According to the amended and restated joint venture agreement, Reliance Intelligence will hold 70 per cent, while Facebook will own the remaining 30 per cent stake in REIL. The two partners have jointly committed an initial investment of approximately Rs 855 crore, marking a significant collaboration between two of the world’s largest conglomerates.
It is to be noted that Reliance Enterprise Intelligence Limited (REIL) was officially incorporated in India on October 24, 2025, as a wholly owned subsidiary of Reliance Intelligence. According to an ANI report, the company will serve as the joint venture vehicle for the partnership with Facebook.
Reliance Intelligence has subscribed to 20,00,000 equity shares, amounting to Rs 2 crore towards the initial capital.”Reliance Intelligence will invest an amount of Rs 2 crore towards initial subscription of 20,00,000 equity shares of Rs 10 each,” the release noted.
In this collaboration, Reliance and Meta will harness their strengths to bring AI services to India. Meta will contribute its technology and talent, with a major emphasis on developing its powerful Llama-based AIs which will be the central technology used in these services.
At the same time, Reliance will make use of its extensive digital infrastructure and its reach to thousands of enterprises and small and medium businesses in India. The plan is to create versatile AI solutions operating on any cloud or on-premises (local servers), or hybrid environments. Special emphasis will be placed on keeping the total cost of usage low, ensuring that powerful AI tools are affordable and accessible to the broader Indian market.
Artificial intelligence is a technology that enables computers or machines to think and learn like humans. It can assist organizations in improving their operations and devising new ways of engaging in work. The artificial intelligence market is expanding rapidly in India and this funding will assist the nation in progressing even further in the field of artificial intelligence.
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