Jio

Navi Mumbai, India Founded: 2010 • Age: 16 yrs
Provider of telecommunication services
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About Jio

Jio is a company based in Navi Mumbai (India) founded in 2010 by Mukesh Ambani.. Jio has raised $20.11 billion across 21 funding rounds from investors including Facebook, Google and Yes Bank. Jio has completed 2 acquisitions, including Accops and Haptik. Jio offers products and services including Jio Mobile Plans, JioFiber, Jio Apps, and Jio Devices. Jio operates in a competitive market with competitors including MTN, Airtel, SK Telecom, Optus and Telecom Italia, among others.

  • Headquarter Navi Mumbai, India
  • Founders Mukesh Ambani
  • Stage Decacorn
  • Sectors
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Reliance Jio
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.11 B (USD)

    in 21 rounds

  • Latest Funding Round
    $197.1 M (USD), Debt – Conventional

    Oct 03, 2023

  • Investors
    Facebook

    & 42 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Accops

    & 1 more

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Products & Services of Jio

Jio offers a comprehensive portfolio of products and services, including Jio Mobile Plans, JioFiber, Jio Apps, and Jio Devices. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Prepaid and postpaid plans for mobile data and calls

High-speed internet services for homes and businesses

Apps for entertainment, finance, and cloud storage

Mobile devices and WiFi equipment for connectivity

People of Jio
Headcount 10000+
Employee Profiles 211
Employee Profiles
People
Piush Agarwal
Vp-submarine Cables Partnership Development And Global Sourcing
People
Shiv Sinha
State ATP Lead (deployment)
People
Kartwya Bhardwaj
Jio Center Manager
People
Satyaki Maiti
Jio Center Manager

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Funding Insights of Jio

Jio has successfully raised a total of $20.11B across 21 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $197.1 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 21
  • Last Round Debt – Conventional — $197.1M
  • First Round

    (01 Oct 2014)

  • Investors Count 43
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Debt – Conventional - Jio Valuation

investors

Aug, 2023 Amount Debt – Conventional - Jio Valuation

investors

EKN
Jul, 2020 Amount Series G - Jio Valuation Google
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Jio

Jio has secured backing from 43 investors, including institutional and venture fund investors. Prominent investors backing the company include Facebook, Google and Yes Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
L Catterton is recognized as a leading consumer-focused private equity group.
Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
Founded Year Domain Location
Technology investing and private equity firm focused on partnerships.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Jio

Jio has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Accops and Haptik. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-driven chatbots are utilized for business customer interactions and sales.
2013
Offers integrated solutions for remote work, security, and identity management.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Jio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jio Comparisons

Employees
+
Add Comparison
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Competitors of Jio

Jio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Airtel, SK Telecom, Optus and Telecom Italia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
MTN Group is recognized as a leading telecommunications provider in Africa.
domain founded_year HQ Location
Airtel is recognized as a provider of telecommunications and internet services.
domain founded_year HQ Location
Provider of integrated telecommunication services
domain founded_year HQ Location
Mobile internet services are provided for homes and offices.
domain founded_year HQ Location
Integrated telecom service provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Jio

Frequently Asked Questions about Jio

When was Jio founded?

Jio was founded in 2010 and raised its 1st funding round 4 years after it was founded.

Where is Jio located?

Jio is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.

Is Jio a funded company?

Jio is a funded company, having raised a total of $20.11B across 21 funding rounds to date. The company's 1st funding round was a Series G of $4.5B, raised on Oct 01, 2014.

What does Jio do?

Jio was founded in 2010 and is headquartered in Navi Mumbai, India. Operations focus on the telecommunication sector, where mobile 4G LTE networks, data services, and internet access are delivered to individuals, communities, and businesses. A variety of applications is also offered to support digital experiences. The company serves the Indian market primarily through its domain jio.com.

Who are the top competitors of Jio?

Jio's top competitors include MTN, AT&T and Optus.

What products or services does Jio offer?

Jio offers Jio Mobile Plans, JioFiber, Jio Apps, and Jio Devices.

How many acquisitions has Jio made?

Jio has made 2 acquisitions, including Accops, and Haptik.

Who are Jio's investors?

Jio has 43 investors. Key investors include Facebook, Google, Yes Bank, Axis Bank, and SBI Mutual Fund.

What is Jio's valuation?

The valuation of Jio is $66B as of Jun 2020.

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