Jio, also known as Reliance Jio or Reliance Jio Infocomm Limited, is privately owned, operating under Jio Platforms Limited, a technology subsidiary of Reliance Industries Limited, and headquartered in Navi Mumbai, Maharashtra, India. Founded in 2010 by Mukesh Ambani, and commercially launched in 2016, the company employs approximately 49,750 individuals and reported $13.6B in revenue as of 2024. As a telecommunications, digital services, and mass media conglomerate, Jio specializes in rolling out nationwide 4G and 5G Standalone mobile network infrastructure, expanding into high-speed fiber broadband, digital applications, and enterprise services.
Jio Platforms filed its Draft Red Herring Prospectus (DRHP) with SEBI on September 11, 2026, proposing a new issue of 27 crore equity shares. This filing underscores Jio's expansion from mobile connectivity to a broad digital service ecosystem, shifting its business scale and investor perception. Earlier on September 11, investment banking sources indicated that early investors in Jio Platforms, including Google, Meta, and private-equity firms, are keen to maintain their stakes post-IPO to capitalize on India's digital growth. This follows news from September 10, when Reliance Jio, alongside Bharti Airtel and Vodafone Idea, weighed a fresh round of headline tariff increases over the next two quarters. This move aims to improve the carriers' return on investment ahead of substantial capital spending, which includes network buildout and data centers, with Jio's upcoming listing in focus. Also on September 10, Jio collaborated with Apple to launch rich communication services (RCS) messaging for businesses in India, having set commercial tariffs for these texts from September 1, 2026.
Jio offers 5 products in the media and telecoms services industry. Jio's product portfolio comprises of telecoms, media and TV services and consumer electronics.
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Jio's revenues were over $1B in 2024. Caretta Research has split Jio's revenue into 5 different product categories.
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