JIO

Intro and history: Jio, also known as Reliance Jio and officially as Reliance Jio Infocomm Limited, is an Indian telecommunications company and a subsidiary of Jio Platforms. Founded by Mukesh Ambani in 2007, it is headquartered in Mumbai, Maharashtra. Jio launched its services in September 2016 and has since grown rapidly, becoming one of the leading telecom operators in India. Industry: Telecommunications Product, Services and Operations: Jio provides 4G LTE service and is the only 'VoLTE-only' (Voice over LTE) operator in the country. It also offers services like JioTV, an on-demand video library, JioCinema, a movies and TV shows platform, and JioSaavn, a music streaming service. Jio also has a suite of applications for utility and entertainment. Funding Details: Jio is a subsidiary of Reliance Industries, a Fortune Global 500 company. It has attracted significant foreign investment, including from Facebook, Google, and other major global investors. Acquisitions: Jio has made several acquisitions, including Saavn, a digital music service, and Radisys, a global leader in open telecom solutions. Awards and Achievements: Jio was named the 'Most Innovative Telecom Service Provider' in India at the Telecom Leadership Forum in 2019. It also won the 'Best Mobile Operator Service for Consumers' award at the Global Mobile (GloMo) Awards 2018.