Reliance Industries Ltd (RIL) announced on Saturday that its subsidiary Reliance Intelligence Ltd has formed a joint venture with Meta’s subsidiary Facebook Overseas Inc. to develop and distribute enterprise AI solutions in India. The new company named Reliance Enterprise Intelligence Limited (REIL) will focus on creating marketing and delivering AI-based tools and services for businesses across multiple sectors.
According to the company’s filing Reliance Intelligence will hold a 70 per cent stake in the venture while Meta’s Facebook Overseas will own the remaining 30 per cent. The two companies will make a joint investment of about Rs. 855 crore to launch and expand the initiative.
The partnership aims to build an AI platform-as-a-service (AI PaaS) that allows organisations to customise and deploy generative AI models. It will also provide ready-to-use AI solutions for industries such as sales marketing IT operations customer support and finance.
Reliance Intelligence will initially invest Rs. 2 crore for 20 million equity shares valued at Rs. 10 each the filing said.
The joint venture does not qualify as a related-party transaction and no regulatory approvals were needed for its creation the company added.
This move follows Reliance’s earlier August announcement about a collaboration that combines Meta’s open-source Llama AI models with Reliance’s vast enterprise network to bring AI tools to businesses of all sizes.

Meta’s Llama models to power enterprise AI solutions
The joint venture first announced at Reliance Industries’ Annual General Meeting in August 2025 will combine Meta’s open-source Llama AI models with Reliance’s strong business network in India.

Together the two companies plan to launch two main AI products — an enterprise AI platform-as-a-service which will let companies create and use customised generative AI models and a set of ready-to-use AI tools for industries such as sales marketing IT operations customer support and finance.

Under the partnership Meta will bring its technical skills and help build Llama-based AI systems while Reliance will use its digital infrastructure and connections with thousands of Indian businesses to expand access.

The new AI solutions will work on cloud on-premises and hybrid systems and will focus on reducing costs while helping companies adopt AI more easily and efficiently.