Reliance Industries Limited (RIL) has partnered with Meta Platforms, Inc. to form a new joint-venture company focused on developing and distributing enterprise artificial-intelligence (AI) products and services in India.
The joint venture, named Reliance Enterprise Intelligence Limited (REIL), was incorporated on October 24, 2025 by Reliance Intelligence Limited, a wholly owned subsidiary of RIL. According to corporate filings, Reliance Intelligence will hold a 70 per cent stake in REIL, while Facebook Overseas Inc., a Meta subsidiary, will hold the remaining 30 per cent.
Both companies have committed a combined investment of approximately ₹855 crore to establish the venture. RIL’s initial contribution during incorporation amounted to ₹2 crore, represented by 20 lakh equity shares valued at ₹10 each.
The primary objective of REIL is to create enterprise-grade AI solutions tailored for Indian businesses. The venture will focus on areas such as intelligent automation, generative AI for business operations, data-driven analytics, and conversational platforms for enterprises.
The partnership will draw on Meta’s open-source Llama AI models, which are designed for flexible and scalable AI applications. These will be combined with Reliance’s domestic reach, cloud infrastructure, and enterprise relationships across telecom, retail, and manufacturing.
The joint-venture plan was first mentioned during Reliance’s 48th Annual General Meeting in August 2025, where RIL Chairman Mukesh Ambani said the company aimed to make AI “accessible to Indian businesses at scale.” Meta’s global head of partnerships, Nick Clegg, had also highlighted that the collaboration would strengthen the availability of locally relevant AI tools for Indian enterprises.
According to sources cited in filings, the venture does not require additional government approvals under existing FDI norms for the technology sector. The new entity has been registered with the Ministry of Corporate Affairs, and the process of board appointments and operational planning is underway.
Market analysts have noted that RIL’s share price rose roughly two percent following the announcement, reflecting investor optimism toward its expansion into AI. Industry observers say the move aligns with RIL’s broader digital strategy, which includes Jio Platforms, retail digitisation, and AI-enabled services.
Meta and Reliance have previously collaborated on digital initiatives, including WhatsApp-based business solutions for JioMart. The new AI venture marks a deeper technology partnership between the two companies, aiming to position India as a key market for enterprise AI adoption.
