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Website. jio .com. Reliance Jio Infocomm Limited ( d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai, Maharashtra. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India.
www .jiomart .com. JioMart is an Indian e-commerce platform, owned by Reliance Retail. Launched in 2019, it initially focused on online groceries before expanding into other categories such as fashion, home essentials, electronics, and lifestyle products by adopting a marketplace model. [5] [6] [7] [8]
In December 2019, the company soft-launched its online grocery service JioMart, followed by a wide launch in May 2020 amidst the COVID-19 lockdown. [23] In August 2020, Reliance Retail announced its acquisition of Future Group's retail, wholesale, logistics and warehousing business for ₹ 24,713 crore (US$3.34 billion). [24]
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In September 2019, Jio launched a fiber to the home service, offering home broadband, television, and telephone services. As of September 2020 [update] , Reliance Industries has raised ₹ 1.65 lakh crore (equivalent to ₹ 1.9 trillion or US$23 billion in 2023) by selling nearly 33% equity stake in Jio Platforms.