As Reliance, Meta announce Rs 855 crore AI partnership; RIL clarifies that the transaction does not …
Reliance Industries Limited (RIL) has announced that its subsidiary, Reliance Intelligence Limited, will form a joint venture company with Facebook Overseas, a wholly owned arm of Meta Platforms. The new entity is named Reliance Enterprise Intelligence Limited (REIL). According to a company statement, REIL will focus on “developing, marketing and distributing enterprise AI services”. Through this partnership, both companies aim to strengthen their enterprise technology capabilities and explore opportunities in AI-based solutions for businesses.
REIL was officially incorporated in India on October 24, 2025, as a wholly owned subsidiary of Reliance Intelligence. The company will serve as the joint venture vehicle for the partnership with Facebook.
