Reliance, Meta form ₹855-crore AI joint venture to power enterprise intelligence in India

THEBUSINESSBYTES BUREAU

MUMBAI, OCTOBER 25, 2025

In a landmark collaboration, Reliance Industries Ltd (RIL) and Meta Platforms Inc. have announced a ₹855-crore joint venture to develop, market, and distribute enterprise artificial intelligence (AI) solutions in India, marking a major stride toward commercialising next-generation AI capabilities for business transformation.

RIL said in an exchange filing on Saturday that its wholly owned subsidiary, Reliance Intelligence Ltd, has partnered with Facebook Overseas, Inc., a subsidiary of Meta, to establish a new company — Reliance Enterprise Intelligence Ltd (REIL). The entity will serve as a dedicated platform to deliver enterprise-grade AI-as-a-service solutions.

Under the agreement, Reliance Intelligence will hold a 70 per cent stake, while Meta’s unit will own 30 per cent. The companies have jointly committed an initial investment of about ₹855 crore to the venture, which will focus on building and scaling generative AI applications tailored for Indian businesses.

“The joint venture aims to empower enterprises across sectors to leverage AI for operational excellence and customer engagement,” the filing stated.

REIL will offer platform-as-a-service (PaaS) solutions, enabling organisations to customise and deploy generative AI models alongside a suite of pre-configured applications across functions such as sales, marketing, IT operations, customer service, and finance.

RIL’s AI arm will invest ₹2 crore towards the initial subscription of 20 million equity shares of ₹10 each, the company said, adding that the transaction is not a related party deal and involves no promoter or group company interest. It further clarified that no regulatory approvals were required for the incorporation of REIL.

This development builds upon the partnership announced in August 2025, when Reliance and Meta agreed to jointly leverage Meta’s open-source Llama models with Reliance’s enterprise reach to deliver scalable AI tools across industries.

Under the new venture, Meta will provide technical expertise in developing and optimising Llama-based generative AI models, while Reliance will contribute its digital infrastructure, cloud capabilities, and deep enterprise network spanning large corporations and small businesses across India.

The solutions developed under REIL will be deployable across cloud, on-premises, and hybrid environments, allowing flexibility and reducing total cost of ownership for clients.

Industry observers view the partnership as a strategic move aligning with India’s growing push toward AI-led economic expansion and the government’s vision to build a robust AI ecosystem. With Reliance’s scale and Meta’s global technological leadership, the collaboration could accelerate the adoption of AI-powered enterprise transformation in sectors from manufacturing and retail to finance and telecommunications.

The joint venture also signals Reliance’s growing ambitions in the AI and digital services space, following its investments in cloud computing, data centres, and machine learning capabilities. For Meta, it represents a deepening of its commitment to India — one of its largest global markets — and an opportunity to integrate its AI advancements into the country’s vast business landscape.