Reliance Industries Ltd.

Reliance Industries’ wholly owned subsidiary -- Reliance Intelligence has incorporated Reliance Enterprise Intelligence (REIL) on October 24, 2025. Reliance Intelligence will invest an amount of Rs 2 crore towards initial subscription of 20,00,000 equity shares of Rs 10 each.

REIL, incorporated in India as a wholly owned subsidiary of Reliance Intelligence, will become the joint venture company as per the amended and restated joint venture agreement (JV Agreement) with Facebook Overseas, Inc. (Facebook), a wholly owned subsidiary of Meta Platforms, Inc. (Meta). 

REIL will be engaged, inter alia, in developing, marketing and distributing enterprise AI services. In accordance with the JV Agreement, Reliance Intelligence will hold 70% and Facebook will hold the balance 30% in REIL. Reliance Intelligence and Facebook have jointly committed an initial investment of?around Rs 855?crore.

Reliance Industries 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.