Reliance Industries Ltd (RIL) announced that its wholly owned subsidiary, Reliance Intelligence Ltd, has formed a new entity — Reliance Enterprise Intelligence Ltd (REIL) — in partnership with Meta Platforms’ subsidiary, Facebook Overseas Inc. The joint venture aims to deliver enterprise-grade AI services to help businesses accelerate digital transformation through advanced artificial intelligence and data-driven technologies.
Strategic Partnership to Advance AI Adoption
According to RIL’s regulatory filing, REIL was incorporated in India on October 24, 2025, as a wholly owned subsidiary of Reliance Intelligence. Under a revised joint venture agreement with Facebook Overseas Inc., REIL will soon operate as a Reliance–Meta partnership, combining the technological strength of both organizations.
The venture will focus on developing and deploying AI-powered enterprise solutions, including automation, analytics, and digital infrastructure tools designed to enhance operational efficiency across industries such as retail, telecom, manufacturing, and financial services.
Investment and Ownership Structure
The joint venture is backed by a combined initial investment of ₹855 crore, reflecting both companies’ long-term commitment to the enterprise AI ecosystem.
- Reliance Intelligence will hold a 70% stake in REIL.
- Facebook Overseas Inc., a subsidiary of Meta Platforms, will own the remaining 30%.
Reliance Intelligence has already invested ₹2 crore for the initial subscription of 20 lakh equity shares valued at ₹10 each. The partnership is expected to leverage Reliance’s extensive digital infrastructure and Meta’s global AI and data capabilities to deliver scalable, secure, and innovative enterprise solutions.
Regulatory and Transactional Clarity
RIL clarified that the formation of REIL does not constitute a related party transaction and that no promoter or group company has any direct interest in the entity. Moreover, the incorporation of the joint venture did not require any specific government or regulatory approvals.
Reliance Intelligence received formal confirmation of REIL’s incorporation at 1:19 p.m. (IST) on October 24, 2025.
Summary:
Reliance Intelligence Ltd and Meta’s subsidiary Facebook Overseas Inc. have entered into a ₹855 crore joint venture — Reliance Enterprise Intelligence Ltd (REIL) — to spearhead enterprise AI innovation in India. With Reliance holding 70% and Meta 30%, the collaboration combines deep industry expertise with world-class AI capabilities to deliver next-generation digital solutions for enterprises across sectors.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.