Reliance Industries and Meta have formed a $100m joint venture to develop enterprise AI solutions for Indian businesses and select international markets. The partnership involves an initial investment of Rs8.55bn and will leverage Meta's open-source Llama models to create customised AI platforms for various applications. The joint venture plans to offer cost-effective AI solutions for Indian enterprises and small-to-medium businesses.
In a significant move to bolster India’s AI capabilities, Reliance Industries and Meta have announced a $100 million joint venture to develop enterprise AI solutions. The partnership, announced during Reliance’s 48th Annual General Meeting, involves an initial investment of Rs8.55 billion (approximately $100 million) [1].
The joint venture will leverage Meta’s open-source Llama models to create customized AI platforms for various applications, with a focus on providing cost-effective solutions for Indian enterprises and small-to-medium businesses. The venture aims to democratize AI by making advanced generative AI tools accessible to businesses of all sizes [2].
Reliance will hold a 70% stake in the joint venture, while Meta will retain 30%. The deal is subject to regulatory approvals and is expected to close in the fourth quarter of 2025. The partnership will offer Meta’s Llama-based enterprise AI platform-as-a-service, allowing businesses to customize, deploy, and manage generative AI models for use cases across sales, marketing, IT, customer service, and finance [1].
The joint venture will also provide a suite of pre-configured AI solutions, tailored to meet the diverse needs of Indian businesses. Deployment options will include cloud, on-premise, and the joint venture’s own infrastructure, enabling cost-efficient flexibility [2].
Reliance’s Chairman and Managing Director, Mukesh Ambani, emphasized the importance of this collaboration, stating, “Combining Meta’s advanced AI models with Reliance’s operational expertise will help Indian companies innovate faster, improve efficiency, and strengthen their competitiveness in global markets” [2].
Meta’s CEO, Mark Zuckerberg, echoed this sentiment, expressing excitement about the partnership and the potential for Meta to expand its footprint in the enterprise space. “We’re excited to deepen our partnership with Reliance to bring the power of open source AI to Indian developers and enterprises. Through this joint venture, we’re putting Meta’s Llama models into real-world use, and I’m looking forward to Meta expanding its footprint in the enterprise space as we unlock new possibilities together” [2].
This initiative builds on Meta’s $5.7 billion investment in Reliance Jio in 2020 and further underscores Reliance’s commitment to integrating AI into its various business units. The joint venture is part of Reliance’s broader strategy to expand beyond India and take its flagship subsidiary, Reliance Jio Platforms, to international markets [1].
References:
[1] https://techcrunch.com/2025/08/29/billionaire-ambani-taps-google-meta-to-build-indias-ai-backbone/
[2] https://www.opensourceforu.com/2025/09/reliance-and-meta-launch-usd-100-million-venture-to-build-open-source-ai-for-indian-businesses/
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