Jio
JI
JI
Jio
Jio is an Indian telecommunications company that is investing heavily in AI infrastructure and services.
About
Jio, a subsidiary of Reliance Industries, is a major Indian telecommunications and digital services provider. The company is undertaking a significant investment plan to build AI computing infrastructure in India, including data centers and an edge computing network. Jio aims to integrate AI services with its existing telecom platform and develop AI capabilities in multiple Indian languages to drive adoption and reduce the cost of AI services.
Key facts
At-a-glance profile data
- Headquarters
- Mumbai, Maharashtra, India
- Total funding
- $114.6B (Series J)
- Business model
- B2B2C
Funding rounds
| Date | Round | Amount | Post-money | Lead investors |
|---|---|---|---|---|
| 15 Aug 2024 | Series J | $1.2B | - | - |
| 1 Jan 2024 | Private | $100.0B | $110.0B | Reliance Industries |
| 12 Jul 2020 | Series I | $4.5B | $57.9B | |
| 3 Jul 2020 | Series H | $254M | - | Intel |
| 5 Jun 2020 | Series D | $602M | - | Silver Lake |
| 22 May 2020 | Series C | $1.5B | - | KKR |
| 17 May 2020 | Series B | $870M | - | General Atlantic |
| 22 Apr 2020 | Strategic Investment (Jio Platforms) | $5.7B | $66.0B |
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Frequently asked
How much funding has Jio raised?
Jio has raised a total of $114.6B in funding. The most recent round on record is Series J.