Reliance Industries is about to make history with the debut of its telecommunications company, Jio, on the stock market in 2025. Analysts predict it to be largest IPO in India.
Reliance Retail enters the quick commerce industry. The key players in this space are Zomato-owned Blinkit, Swiggy Instamart, and Zepto. It has started its commerce service in areas of Bengaluru and Navi Mumbai via its e-commerce platform, JioMart.
JioMart, owned by Mukesh Ambani's Reliance group, will launch a 30-minute delivery service next month, targeting India's top 8 metros first and then 20-30 cities.