MoneyWorks4Me

RIL’s Jio enters into partnership with Sodexo

13 Apr 2018 Evaluate

Reliance Industries’ (RIL) telecom arm - Reliance Jio Infocomm (Jio) and Sodexo, the leader in Employee Benefits have entered into partnership to accelerate India’s digital transformation. Jio and Sodexo will leverage complementary strengths and offerings to create an enriched digital life ecosystem for Indians.

JioMoney, the PPI wallet offered by Jio Payments Bank, has enabled integration of Sodexo Meal Cards with a user’s JioMoney account to allow mobile-based payments via Sodexo Meal Card. The partnership will enable thousands of Sodexo Merchants like grocery shops, kiranas, restaurants and cafes across the country, to accept digital payments via Sodexo.

RIL is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1188.75
Indian Oil Corpn. 128.70
Bharat PetroleumCorp 290.10
HPCL 334.35
MRPL 174.75
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