Facebook Overseas will own 30% of Reliance Enterprise Intelligence Ltd., the new artificial intelligence initiative from Reliance Industries. Both partners will contribute an initial investment of Rs 855 crore to the joint venture, which will develop and market enterprise AI services.
According to a regulatory filing, Facebook acquires 30% stake in reliance AI venture that billionaire Mukesh Ambani’s Reliance Industries has floated.
Table of Contents
What happened Facebook Acquires 30% Stake in Reliance AI Venture
- Reliance Intelligence Limited, a division of RIL, established a new company called Reliance Enterprise Intelligence Limited (REIL) on October 24, 2025.
- According to a revised joint venture (JV) agreement, Facebook Overseas will own 30% of REIL, while Reliance Intelligence will own 70%.
- Both parties have committed to an initial investment of ₹855 crore (Indian rupees) in this joint venture.
- The objective of this collaboration is to develop, market, and distribute enterprise artificial intelligence services in India (and possibly overseas).
- The incorporation filing also states that no governmental or regulatory approvals were needed for REIL’s formation.
Who is involved
- The large Indian conglomerate Reliance Industries Limited (RIL) is led by Mukesh Ambani.
- Reliance Intelligence Limited, a wholly owned subsidiary of RIL.
- Facebook Overseas, Inc., a wholly-owned subsidiary of Meta Platforms, Inc., which represents Facebook’s stake in the joint venture.
- The recently established business REIL serves as the joint venture vehicle.
Why the partnership
- RIL aims to strengthen its position in the AI and enterprise solutions market by leveraging both its global technology partners and its broad Indian business footprint (in retail, telecom, and digital).
- The development and distribution of AI models and services appropriate for Indian businesses or those with an Indian base globally are facilitated by Meta’s (Facebook) access to a substantial enterprise business ecosystem in India.
- The JV concentrates on enterprise AI solutions rather than just consumer services, such as deploying generative AI models and sector-specific platforms (sales, marketing, and operations) across India.
- It builds on earlier collaborations. For instance, Meta laid the groundwork for future collaborations in 2020 when it acquired a ~9.99% stake in Jio Platforms through RIL’s digital division.
How the deal is structured
- October 24, 2025, is the incorporation date.
- Equity subscription: Reliance Intelligence originally purchased 2 million equity shares in REIL for ₹10 per share, or roughly ₹2 crore.
- Ownership: Reliance Intelligence owns 70%, with Facebook Overseas holding 30%.
- Investment: a combined pledge of ₹855 crore for the initial stage.
- Business focus: develop, market, and distribute enterprise AI services, possibly with the help of Meta’s “Llama” open-source models, RIL’s enterprise access, and cloud/inference infrastructure.
- Related-party and regulatory status: The filing clarifies that no special regulatory clearances are required for this transaction, which is not a related-party transaction.
Implications & Significance
- Regarding India: A significant global tech and Indian conglomerate has increased enterprise AI capabilities locally through a substantial investment in AI.
- For RIL: Supports its retail, digital, and telecommunications businesses, improves its digital and AI ecosystem, and most likely helps RIL and external businesses grow their AI capabilities.
- For Meta/Facebook: Utilizes regional ecosystems and partners to enhance its enterprise offering in India (and potentially Asia). It also expands its stake in the Indian technology industry.
- Effect on the market and competition: By raising the bar for enterprise AI services in India, this joint venture puts it in the race against foreign cloud and AI providers.
- Ownership and control: RIL has a majority (70%), which enables it to maintain control, while Facebook has a sizeable minority (30%), which is enough to influence but not to overtake.
- Financial scale: ₹855 crore, or roughly $100 million USD, is a sizable upfront investment; depending on its success, this sum could rise significantly.
- Technology synergy: Meta’s open-source models and cloud/AI stack, along with RIL’s infrastructure and market access in India, may speed up the adoption of AI in Indian businesses.
Also read: Important news updates
Conclusion
The partnership between Facebook (Meta) and Reliance Industries has marked a significant turning point in India’s AI development. By acquiring a 30% stake in Reliance’s new AI venture, Meta is making an investment not only in technology but also in the future of enterprise intelligence in one of the world’s fastest-growing digital markets. With a total investment of ₹855 crore, the partnership combines Meta’s global expertise in AI innovation with Reliance’s broad market presence, infrastructure, and local knowledge.
In essence, the AI partnership between Reliance and Facebook is a step toward creating India’s AI-powered digital economy, where opportunity, creativity, and technology combine to transform the nation’s future.