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Reliance Jio Infocomm Limited (d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India. Its 6G service is in the works. [10] [11] [12] [13]
In September 2019, Jio launched a fibre-to-the-home service, offering home broadband, television, and telephone services. As of September 2020, Reliance Industries has raised ₹ 1.65 lakh crore (equivalent to ₹ 1.9 trillion or US$22 billion in 2023) by selling a nearly 33% equity stake in Jio Platforms. [10] [11]
Jio Financial Services Ltd (JFSL) is an Indian financial services company, based in Mumbai. Originally a subsidiary of Reliance Industries (RIL), it was demerged as an independent entity and listed on the Indian stock exchanges in August 2023. [ 3 ]
JioTV has 17 'Jio Darshan' channels which telecast proceedings from a few Indian temples [8] [9] [10] 32 government education channels on JioTV [11] are hosted by the Ministry of Human Resources Development under Swayam Prabha. [12] In June 2020, JioTV tied up with the Assam government to host educational channel "Gyan Brikshya". [13]
JioCinema was launched on 5 September 2016 by Jio Platforms as part of a suite of apps and services exclusive to Jio mobile subscribers, with JioCinema app for Android and iOS. In December 2017, JioCinema added a web-based version for PCs. [2] [3] A JioCinema app was also released for Jio's KaiOS-based Jio Phone. [4]
On August 19, 2015 Reliance Industries received a license to run a payments bank from the Reserve Bank of India under Section 22 (1) of the Banking Regulation Act, 1949. It then partnered with the State Bank of India and incorporated Jio Payments Bank Limited in November 2016. Jio Payments Bank Limited is a 77:23 partnership between Reliance ...
Under this deal, Jio will use Infibeam's solutions to power its e-commerce and digital payments services. [15] In August 2022, JioMart signed an agreement with Meta to launch first-ever end-to-end shopping experience on WhatsApp. Under this deal, Jio will use WhatsApp's chat solutions to power its grocery shopping service in India. [16]
TrialPay is an alternative e-commerce payment system in which a customer gets an item for free from participating in exchange for buying or trying out another product or service from a TrialPay advertiser. The merchant is then paid for the item by the advertiser. TrialPay refers to this payment model as “Get It Free”.