Jio

Jio is a mobile network operator that offers prepaid, postpaid, wireless internet and fixed-line broadband services for individuals and businesses. Read more

Sanjay Mashruwala's photo - Managing Director of Jio

Managing Director

Sanjay Mashruwala

CEO Approval Rating

85/100

Founded:

2007

Status:

PrivateSubsidiary of Jio Platforms Limited

JIO TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

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Airtel is one of Jio's top rivals. Airtel was founded in New Delhi, Delhi} in 1995. Like Jio, Airtel also competes in the Telecommunication Services space. Compared to Jio, Airtel generates $6.5B more revenue.

Vi is Jio's #2 competitor. Vi was founded in 2018, and is headquartered in Mumbai, Maharashtra. Like Jio, Vi also operates in the Telecommunication Services space. Vi generates $1.4B less revenue vs. Jio.

BSNL is a top competitor of Jio. BSNL's headquarters is in New Delhi, Delhi, and was founded in 2000. Like Jio, BSNL also works within the Telecommunication Services sector. BSNL generates 34% of Jio's revenue.

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Growth Score - 1/1

Is $7.2B a good estimate for Jio's revenue?

Jio Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Jio Haptik Technologies Limited

Apr 2019

Source »
$101.1M
Haptik develop an AI-based chatbot that allows users to send messages to virtual assistants via mobile.
Saavn LLC

Mar 2018

Source »
$104M
Saavn is an online streaming application that allows users to listen, download and share bollywood, radio and album music.

These are all the companies that Jio has acquired. Jio has acquired 2 companies and its latest acquisition was Jio Haptik Technologies Limited in Apr 2019. Haptik develop an AI-based chatbot that allows users to send messages to virtual assistants via mobile.

Jio Funding History

Since Jio was founded in 2007, it has participated in 20 rounds of funding. In total Jio has raised $24.8B. Jio's last funding round was on Nov 2020 for a total of $40.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Corporate Round
Nov 2020
$40M
Corporate Round
Jul 2020
$4.5B

Google

Venture Round
Jul 2020
$97M
Venture Round
Jul 2020
$253.2M
Equity
Jun 2020
$1.5B

Since Jio was founded in 2007, it has participated in 20 rounds of funding. In total Jio has raised $24.8B. Jio's last funding round was on Nov 2020 for a total of $40.0M

Jio Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Kalaari Capital is an India-based venture capital firm that acquires and manages businesses in the IT sector.
$100M
Feb 22, 2021
Investment Fund
-
Krikey is a gaming studio that develops and publishes mobile-based augmented reality games.
-
Dec 01, 2020
Series A
-
Airspan is a telecommunication company that manufactures and markets 4G/5G RAN hardware and software products for oil, defense and education sectors.
-
Sep 11, 2014
Minority Stake
Jul 19, 2000

These are all the companies that Jio has invested in. Jio has invested 2 companies and its latest investment was Jio Haptik Technologies Limited in Apr 2019. Haptik develop an AI-based chatbot that allows users to send messages to virtual assistants via mobile.

Jio News

June 21, 2021Good Returns

Here's How

Reliance Jio has finally managed to increase its active users, thanks to new 4G plans for JioPhone us... See more »
June 21, 2021BGR India

Release date, top specs, expected price in India

Reliance and Google together have been working on a budget 5G phone. The said phone was first announc... See more »
June 21, 2021TechRadar India

Reliance Jio Phone 5G - Specs, launch date and everything that we know already

Reliance is expected to introduce the JioPhone 5G during its upcoming AGM on June 24 along with annou... See more »
June 20, 2021Telecom Talk

Reliance Jio Retains Top Spot in the Industry and There Are Specific Reasons for It

In our series of discussions about telecom operators and what each player has done well, there is one... See more »
June 19, 2021TV News4U

TRAI data

New Delhi: India's largest telecom operator Reliance Jio gained over 79 lakh, mobile users, in March,... See more »
June 19, 2021The Financial Express

Reliance Jio adds maximum users among telecom operators for second consecutive month

Reliance had launched a JioPhone offer on February 26, primarily targeting the feature phone subscrib... See more »
June 18, 2021BGR India

TRAI

Jio's 4G speed was over three times faster than that of Vi and over four times more than Airtel, duri... See more »

Jio Press Releases

August 12, 2019VARINDIA

Jio and Microsoft announce alliance to accelerate digital transformation in India

Reliance Jio Infocomm Limited (Jio), a subsidiary of Reliance Industries Limited, and Microsoft Corp.... See more »
December 28, 2018WebWire

The Magical World of Disney Now on JioCinema

JioCinema, Jio's digital app and Disney India have come together to offer timeless stories and belove... See more »
April 6, 2018Business Wire India

Internet Penetration Post - Jio Expected to Boost GDP by Over 5 percent

Business Wire IndiaSince Reliance's entry into the Indian telecom markets on September 2016, the face... See more »
February 5, 2018ePress Release

Tips Jio4gvoice call Feature 2018

Link : https://play.google.com/store/apps/details?id=com.strike.guidecalljioapp Tips for Jio4gvoice f... See more »
October 11, 2017PRLog

Jio Fibre Broadband Service - Expect Launch Around Diwali 100GB At Rs. 500

Reliance Jio Set to launch its broadband service very soon. The company will offer Jio Fibre broadban... See more »
September 9, 2017ePress Release

Intex with RJio Offers Additional Data Benefit for its Smartphone Users This Festive Season

In its continued efforts to cater to the ever increasing consumer demand for high speed data, Intex T... See more »
September 7, 2017PRLog

Reliance Jio Gears Up To Launch New Products As It Turns One

Jio Phone Crosses 6 Million Bookings Delivery To Start Soon. Stay with Us.... See more »

Jio Videos

Social Media

Jio Headquarters

Maker Chamber IV, Nariman Point 9th Floor

Mumbai, Maharashtra400021

022-4478-9093

Driving Directions »

Trending Companies

Jio Summary

ABOUT

Overview

Jio is a mobile network operator that offers prepaid, postpaid, wireless internet and fixed-line broadband services for individuals and businesses. Jio was founded in 2007. Jio's headquarters is located in Mumbai, Maharashtra, IN 400021. It has raised...

CEO

Jio's Managing Director, Sanjay Mashruwala, currently has an approval rating of 85%. Jio's primary competitors are Airtel, Vi & BSNL.

Website

jio.com

Frequently Asked Questions about Jio

  1. When was Jio founded?

    Jio was founded in 2007
  2. Who is Jio's CEO?

    Jio's CEO is Sanjay Mashruwala
  3. How much revenue does Jio generate?

    Jio generates $7.2B in revenue
  4. How much funding does Jio have?

    Jio has historically raised $24.8B in funding
  5. Where is Jio's headquarters?

    Jio's headquarters is in Mumbai Maharashtra, IN
  1. How many employees does Jio have?

    Jio has 17,500 employees
  2. What sector does Jio operate in?

    Jio is in Telecommunication Services
  3. Who are Jio's competitors?

    Jio's top competitors are Airtel, Vi, BSNL
  4. Who has Jio invested in?

    Jio's has invested in companies such as Kalaari, Krikey, Airspan