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Meta's Facebook acquires 30% of Reliance's AI venture for 855 crore rupees to expand enterprise AI services in India.
Facebook, a Meta subsidiary, has acquired a 30% stake in Reliance Enterprise Intelligence Ltd (REIL), a new AI venture formed by Reliance Industries on October 24, 2025.
The joint venture, with Reliance Intelligence holding 70%, will develop and distribute enterprise AI services in India, focusing on sectors like sales, marketing, and finance.
An initial investment of 855 crore rupees supports the effort, combining Meta’s Llama models and technical expertise with Reliance’s digital infrastructure and enterprise reach.
The partnership, requiring no regulatory approvals, aims to accelerate access to customizable generative AI tools across Indian businesses.
Facebook de Meta adquiere el 30% de la empresa de IA de Reliance por 855 millones de rupias para expandir los servicios de IA empresarial en la India.