About IMG Reliance
IMG Reliance is a Business Services company based in Mumbai (India) founded in 2010, and was acquired by Reliance Industries in December 2020. Event management services are provided from Mumbai, India. Its Indian entity Rise Worldwide Limited reported revenue of ₹166 Cr. Its focus areas include Event Management Services, Organizers and Diversified.
Company details
IMG Reliance was established in 2010 in Mumbai, India, within the events industry. Event management services are delivered by the company, encompassing planning, coordination, and execution for various occasions. Operations are centered in Mumbai, serving clients across the region with logistical and creative support. The domain imgreliance.com is utilized for online presence. Focus remains on professional event solutions without specified expansions beyond core offerings.
- Headquarters Mumbai, India
- Stage Acquired
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website imgreliance.com
- Social LinkedIn X Facebook YouTube
- Acquired by Reliance Industries (Dec 2020)
- Legal Name Rise Worldwide Limited
- Date of Incorporation 19 Jan, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹166 Cr
FY 2025 · 0% YoY
- Net Loss-₹59.00 Cr
FY 2025 · -36% margin
- EBITDA-₹3.01 Cr
FY 2025 · -2% margin
- Investors
- Acquired byReliance Industries
(Dec 2020)
Associated legal entities of IMG Reliance
IMG Reliance operates through Rise Worldwide Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rise Worldwide Limited CIN U52100MH2008PLC178019 | Active | 19 Jan 2008 | Mumbai, Maharashtra | ₹166 Cr | 6 | View details |
Apps and channels of IMG Reliance
its YouTube channel RISE Worldwide has 106 subscribers and 17 videos.
Videos from IMG Reliance
The most watched videos on IMG Reliance's YouTube channel, RISE Worldwide (106 subscribers). Click a video to play it here.
More on RISE Worldwide.
Investors in IMG Reliance
IMG Reliance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Reliance Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified conglomerate operating across multiple industries | 1958 | ril.com | Mumbai, India |
Investor details for IMG Reliance
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Board of directors of Rise Worldwide Limited (IMG Reliance)
Rise Worldwide Limited is the primary company behind IMG Reliance. The board of Rise Worldwide Limited currently have 4 directors; the longest-serving is Devang Tulsi Bhimjyani, appointed in 2018. 28 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devang Tulsi Bhimjyani DIN 01183935 | Director | 05 Dec 2018 | 7 yrs 10 mo | Rise Worldwide Limited |
| Jalaj Ashwin Dani DIN 00019080 | Director | 05 Dec 2018 | 7 yrs 10 mo | Rise Worldwide Limited |
| Suhel Seth DIN 01082981 | Director | 03 Jul 2021 | 5 yrs 3 mo | Rise Worldwide Limited |
| Ritu Bhojak DIN 10303611 | Director | 05 Oct 2023 | 3 yrs | Rise Worldwide Limited |
Financials of IMG Reliance
Figures of Rise Worldwide Limited, the primary company behind IMG Reliance, for FY 2025. Revenue was ₹166 Cr (0% year on year). Net loss was -₹59.00 Cr (-36% margin). EBITDA was -₹3.01 Cr (-2% margin). Revenue has grown at a compounded annual rate of +18% over three years and +1% over five years.
- ₹166 CrRevenue · FY 2025 · 0% YoY
- -₹59.00 CrNet loss · -36% margin
- -₹3.01 CrEBITDA · -2% margin
- ₹107 CrPaid-up capital
- +18%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rise Worldwide Limited are on its company page.
Detailed financial statements for IMG Reliance
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of IMG Reliance
2 dated milestones of IMG Reliance across 10 years, from founding to its latest funding, stage changes and deals.
- Founded IMG Reliance is founded.
- Exit Acquired by Reliance Industries.
Top companies in Facility & Event Management Services
2 companies that operate in the same segment as IMG Reliance (Facility & Event Management Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
Security solutions and business support services are provided globally. | 1998 | Delhi, Delhi, India | USD 54.68 M | USD 1.7 B | 192,810 |
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Related news about Img Reliance
Complete news archive for IMG Reliance
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Frequently Asked Questions about IMG Reliance
IMG Reliance was founded in 2010.
IMG Reliance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind IMG Reliance, Rise Worldwide Limited, reported revenue of ₹166 Cr for FY 2025, down 0% year on year.
IMG Reliance was established in 2010 in Mumbai, India, within the events industry. Event management services are delivered by the company, encompassing planning, coordination, and execution for various occasions. Operations are centered in Mumbai, serving clients across the region with logistical and creative support. The domain imgreliance.com is utilized for online presence. Focus remains on professional event solutions without specified expansions beyond core offerings.
IMG Reliance has 1 investor. Key investors include Reliance Industries.
IMG Reliance operates through Rise Worldwide Limited.
Yes. IMG Reliance was acquired by Reliance Industries in December 2020.
The legal entities of IMG Reliance currently have 6 directors, including Devang Tulsi Bhimjyani, Suhel Seth, Jalaj Ashwin Dani and others.