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Jio's Competitors, Revenue, Number of Employees, Funding and Acquisitions

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

Jio'... Read more

Estimated Annual Revenue

Estimated Employees

Sanjay Mashruwala's photo - Managing Director of Jio

Managing Director

Sanjay Mashruwala

CEO Approval Rating

83/100

OVERVIEW

Founded:

2007

Headquarters:

MumbaiMaharashtra

Status:

PrivateSubsidiary of Reliance Industries Limited

Industry Sector:

Wireless Telecommunication Services

Fixed-line Telecommunications Services

SIC Code:

3669NAICS listing »

Top Competitors or Alternatives

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Growth Score - 1/1

Is $1.7B a good estimate for Jio's revenue?

I don't know

Trending News for Jio and Jio's Competitors

January 21, 2020

Telecomlive

Reliance Jio witnessed 22mln heavy voice subscribers churn in Q3: SBI Caps Securities

Reliance Jio witnessed churn of 22 mn heavy voice subscribers and its ARPUs have not improved despite... See more »

January 21, 2020

MediaNama

Google partners with Airtel to expand offer cloud services to small and medium Indian businesses

See more »

January 21, 2020

Telecomlive

TRAI deferring zero-IUC regime to hit Vodafone Idea & Airtel, benefit Jio: Analysts

KOLKATA: The sector regulator's recent decision to defer implementation of the zero-interconnect usag... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

BSNL is one of Jio's top rivals. BSNL was founded in Janpath, Delhi} in 2000. Like Jio, BSNL also competes in the Wireless Telecommunication Services space. Compared to Jio, BSNL generates $1.1B more revenue.

Airtel is Jio's #2 competitor. Airtel was founded in 1995, and is headquartered in New Delhi, Delhi. Like Jio, Airtel also operates in the Wireless Telecommunication Services space. Airtel generates $10.1B more revenue vs. Jio.

Vodafone is a top competitor of Jio. Vodafone's headquarters is in Berkshire, England, and was founded in 1984. Like Jio, Vodafone also works within the Fixed-line Telecommunications Services sector. Vodafone generates 2,917% of Jio's revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Sanjay Mashruwala

Managing Director

- -
23,500
$4.7B
$1.7B
1

Pravin Kumar Purwar

Managing Director

80/100
165,179
- -
$2.8B
2

Gopal Vittal

CEO

81/100
14,818
$2.5B
$11.8B
3

Nick Read

CEO

69/100
107,667
$912.6M
$49B
4

CEO

- -
442
$280M
$ < 1M
5

CEO

- -
5,000
$3B
$1.3B
6

Sudhanshu Goyal

Co-Founder & CEO

69/100
10
- -
7

Sigve Brekke

President & CEO

76/100
3,252
- -
$12.6B
8

Vijay Shekhar Sharma

Founder & CEO

76/100
20,000
$4B
$120M
9

Rob Shuter

President & CEO

74/100
6,100
- -
$4.4B
10

John Doe

Founder & CEO

73/100
87
- -
$3M
The top 10 competitors in Jio's competitive set are BSNL, Airtel, Vodafone, Idea, Aircel, Chikoop, Telenor, Paytm, MTN Group and Netcom Broadband. Together they have raised over 10.7B between their estimated 337.2K employees. Jio's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 8.4B. Jio has 23,500 employees and is ranked 3rd among it's top 10 competitors. The top 10 competitors average 31,459.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Haptik, Inc.

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 Haptik, Inc. 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 6 rounds of funding. In total Jio has raised $4.7B. Jio's last funding round was on Jun 2018 for a total of $1.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jun 2018
$1B

Australia and New Zealand (ANZ) Banking Group

Debt
Apr 2018
$498.5M
-
Unattributed
May 2015
$750M
-
Debt
Jul 2014
$1.5B
-
Private Placement
Sep 2018
$214M
-

Total Funding: $4.7B

Since Jio was founded in 2007, it has participated in 6 rounds of funding. In total Jio has raised $4.7B. Jio's last funding round was on Jun 2018 for a total of $1.0B

Investments

No recent investments found related to Jio

Jio News

January 21, 2020PYMNTS

Indian Telecom Provider Reliance Jio To Roll Out UPI Payments

Indian telecom operator Reliance Jio, the largest in the country, is entering the Unified Payments In... See more »
January 21, 2020Telecomlive

SBI Caps Securities

Reliance Jio witnessed churn of 22 mn heavy voice subscribers and its ARPUs have not improved despite... See more »
January 21, 2020Telecomlive

VoWiFi is here

Hard on each other's heels, Airtel and Reliance Jio have brought yet another cost-saving convenience ... See more »
January 21, 2020MediaNama

Reliance Jio's ARPU increases 7% QoQ, adds 14.8 million subscribers over last quarter

See more »
January 18, 2020Indian Television

Jio juggernaut marches on with 62 percent bottomline growth in Q3 2020

BENGALURU: Mukesh Dhirbhai Ambani's largest start up in the world, Reliance Jio Infocomm Limited (Jio... See more »
January 17, 202091mobiles

Jio user base hits 370 million in Q3 2019; average subscriber consumes 11.1GB data per month

Jio also saw a reversal of fortune as Average Revenue Per User rose to Rs 128 per month during the qu... See more »
January 17, 2020BBC

Asia's richest man in $13bn ruling boost

India's Supreme Court rejects telecom operator's plea for relief on government levies.... See more »

Jio Press Releases

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 »
September 4, 2017PRLog

Reliance Jio DTH Service May Launch Soon With Welcome Offer

Launch of new products soon by Reliance Jio, the company likely to provide welcome offer on Jio DTH S... See more »
March 1, 2017NPR

Jio is teaming up with Samsung to better the tech behind its network

Despite all the "disruption" which Jio has brought with itself, there has a been a continued line of ... See more »

Jio Videos

October 18, 2019Jio Youtube Channel

"Family is forever - Jio hain, Jio they aur Jio rahenge! #IUCExplained" on YOUTUBE

See more »
October 15, 2019Jio Youtube Channel

"Mr. Mathew Oommen addresses the forum at IMC 2019" on YOUTUBE

See more »
October 13, 2019Jio Youtube Channel

"IUC Rules are Temporary, But Family is Forever (Kannada)" on YOUTUBE

See more »
September 25, 2019Jio Youtube Channel

"JioCare - Ultimate Guide & Tips to Get Started & Manage your Jio Connection (Punjabi)| Reliance Jio" on YOUTUBE

See more »
September 17, 2019Jio Youtube Channel

"JioCare - Ultimate Guide & Tips to get started & manage your Jio connection (Telugu) | Reliance Jio" on YOUTUBE

See more »
August 19, 2019Jio Youtube Channel

"JioCare - How to Set JioTune using JioSaavn App (English)| Reliance Jio" on YOUTUBE

See more »
August 14, 2019Jio Youtube Channel

"JioFiber - Speed Test | #RILAGM 2019" on YOUTUBE

See more »

Social Statistics

Headquarters

Maker Chamber IV, Nariman Point 9th Floor

Mumbai, Maharashtra400021

022-4478-9093

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Jio is a mobile network operator that offers prepaid, postpaid, wireless internet and fixed-line broadband services. Jio was founded in 2007. Jio's headquarters is located in Mumbai, Maharashtra, IN 400021. It has raised 4.7B in 6 rounds. The latest r...

CEO

Jio's Managing Director, Sanjay Mashruwala, currently has an approval rating of 83%. Jio's primary competitors are BSNL, Airtel & Vodafone.

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 $1.7B in revenue

  4. How much funding does Jio have?

    Jio has historically raised $4.7B in funding

  1. Where is Jio's headquarters?

    Jio's headquarters is in Mumbai Maharashtra, IN

  2. How many employees does Jio have?

    Jio has 23,500 employees

  3. What sector does Jio operate in?

    Jio is in Wireless Telecommunication Services, Fixed-line Telecommunications Services

  4. Who are Jio's competitors?

    Jio's top competitors are BSNL, Airtel, Vodafone
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