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Reliance Jio

Reliance Jio

Reliance Jio is a telecommunications firm that provides high-speed mobile internet connections in India.

OverviewStructured DataIssuesContributors

Contents

jio.com
jio.com/jiomart
jiomart.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Telecommunications
Telecommunications
‌
Telecommunication (company)
Internet
Internet
Respirator
Respirator
E-commerce
E-commerce
Shopping
Shopping
Grocery and Convenience Retailers
Grocery and Convenience Retailers
...
Location
Maharashtra
Maharashtra
Navi Mumbai
Navi Mumbai
Mumbai
Mumbai
India
India
B2X
Marketplace
Marketplace
B2C
B2C
CEO
Atul Kansal
Atul Kansal
Founder
Mukesh Ambani
Mukesh Ambani
Pitchbook URL
pitchbook.com/profiles.../64491-22
Legal Name
Reliance Jio Infocomm Ltd.0
Parent Organization
Reliance Retail
Reliance Retail
Mukesh Ambani
Mukesh Ambani
0
Subsidiary
‌
LYF
Legal classification
Joint-stock company
Joint-stock company
Number of Employees (Ranges)
5,001 – 10,000
Investors
Seek Ventures
Seek Ventures
Intel Capital
Intel Capital
DUNS Number
677365063
Founded Date
2010
Total Funding Amount (USD)
1,500,000,000
Latest Funding Round Date
July 3, 2020
Competitors
Glassdoor ID
694833
CTO
Sanjay Sharma
Sanjay Sharma
CFO
Rajneesh Jain
Rajneesh Jain
Key People
Atul Kansal
Atul Kansal
Also Known As
JIO
Reliance Jio
Latest Funding Type
‌
Venture round
Patents Assigned (Count)
28
Country
India
India
Headquarters
Navi Mumbai
Navi Mumbai

Other attributes

Company Operating Status
Active
Invested in
AirHop Communications
AirHop Communications
Latest Funding Round Amount (USD)
1,500,000,000
Owner
Mukesh Ambani
Mukesh Ambani
Public/Private
Public0
Wikidata ID
Q96337137

JioMart is an e-commerce platform by Reliance Industries. Operated by Reliance Retail, JioMart is being offered initially, in January 2020, to users in cities in Maharashtra, including Navi Mumbai, Thane and Kalyan. Reliance Retail sent invites out to Jio users to register for JioMart for early discounts. JioMart is set to compete against Amazon and Flipkart in the region, both of which offer same-day grocery and household essentials delivery.

Platform

JioMart is promising to offer over 50,000 grocery products with free home delivery, without minimum order values and what they are calling is an express delivery promise and a no questions asked return policy. JioMart will be available though Andoid and iOS apps.

In March, 2019, Reliance acquired logistics services platform Grab A Grub for its e-commerce venture. They also were in discussions with software company C-Square, which serves solutions to distributors, retailers, online e-commerce and sales force automation. Both helped develop the platform for JioMart.

Warehousing

Reliance Retail is not building a native warehouse, rather they are building JioMart on an online-to-offline marketplace under which it will source grocery items from nearby merchants, allowing offline retailers to cater to online-focussed customers. In order to make the system work, Reliance Retail will equip the local grocers with points of sale terminals, low interest working capital, inventory management skills and GST compliance.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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