Facebook Takes 30% Stake in Reliance AI Venture with Rs 855 Crore Investment
Meta’s Facebook Overseas has acquired a 30% stake in the new artificial intelligence venture launched by Mukesh Ambani’s Reliance Industries, with both companies committing an initial investment of Rs 855 crore.
Key Takeaways
- Facebook Overseas holds 30% stake in Reliance Enterprise Intelligence Ltd (REIL)
- Reliance Intelligence maintains 70% controlling interest
- Initial joint investment of Rs 855 crore
- Venture to focus on enterprise AI services using Meta’s Llama models
Joint Venture Structure
Reliance Intelligence Limited, a wholly-owned subsidiary of Reliance Industries Ltd (RIL), incorporated Reliance Enterprise Intelligence Ltd on October 24, 2025. According to RIL’s exchange filing, Reliance Intelligence will hold the remaining 70% stake in the new AI venture.
The companies stated: “REIL, incorporated in India as a wholly owned subsidiary of Reliance Intelligence, will become the joint venture company as per the amended and restated joint venture agreement with Facebook Overseas, Inc., a wholly owned subsidiary of Meta Platforms, Inc.”
Strategic Partnership Expansion
This AI collaboration extends the strategic relationship that began in April 2020 when Facebook invested $5.7 billion (Rs 43,574 crore) in Jio Platforms, making it the largest minority shareholder with a 9.99% stake in RIL’s telecom business.
Product Offerings
The joint venture, first announced at RIL’s Annual General Meeting in August 2025, will leverage Meta’s open-source Llama AI models combined with Reliance’s extensive enterprise reach. The JV plans to offer:
- An enterprise AI platform-as-a-service for organizations to customize and deploy generative AI models
- Pre-configured AI solutions for industries including sales, marketing, IT operations, customer service and finance
The filing confirmed REIL will be engaged in “developing, marketing and distributing enterprise AI services” across multiple sectors.
