While ‘super apps’ are where the conversation is currently centered, I believe the focus should instead be on ‘super tech ecosystems’. A case in point: Jio. The tech stack at Jio, via a series of acquisitions and investments, now includes a conversational Artificial Intelligence (AI) layer, a vernacular voice tech layer, a logistics layer, as well as …
Billion-dollar investments, marquee shareholders, and a business built without any Chinese footprint, India’s 10-month old Jio Platforms appears to have all the right ingredients to become the next big global tech giant. At a time when the world is dealing with a raging pandemic and the global economy is in turmoil, Jio Platforms, a digital …
In 2016, Mukesh D. Ambani, RIL Chairman & Managing Director, addressed the Annual General Meeting (AGM) of Reliance Industries Limited (RIL). This AGM was a historic one, where he launched Jio, in a move transiting the company from oil to data. This announcement was preceded by years of focus on building the requisite infrastructure, and …
Of Rs 75,000 crore of the India Digitisation Fund that Google plans to invest in India in the next five to seven years, Rs 33,737 crore will be invested in Jio Platforms. The transaction, subject to regulatory and other applicable customary approvals, will be aimed at tapping the affordable smartphone market yet again. The two …