In 1973, Dhirubhai Ambani founded Reliance Industries Limited (RIL), marking the beginning of one of India’s largest and most successful companies. Based in Mumbai, Reliance has expanded its operations to include fields such as energy, petrochemicals, retail, telecommunications, and digital services.
As of May 2025, the company’s market capitalisation is Rs 19,07,266.69 crore, showing its key position in the Indian business world. Because of Mukesh Ambani’s vision, the company has shifted from oil and gas to become a leading force that has transformed Indian retail, introduced Jio for telecom, and helped power the digital revolution in our country.
The United States approved the company to resume purchasing oil from Venezuela in July 2024. Reliance has 200 subsidiaries and 15 associate companies, which allow the company to operate on the global stage. Reliance is contributing to green energy and sustainability, which helps it remain a big part of worldwide efforts to lower carbon emissions. I will use this blog to highlight 10 well-known Companies Owned by Reliance and the effects they have in different fields.
How Reliance Keeps Growing and Remains Successful
Much of Reliance’s growth is attributed to its early recognition of opportunities and its subsequent investment in them. With the addition of the world’s largest refinery in Jamnagar, the transformational launch of Jio into India’s mobile data scene and investments in AI, fashion and health tech, Reliance has continued to be future-oriented in its moves. The company frequently leads the way in starting new trends.
Accessibility plays a significant role as well. Reliance strives to develop services and products that are both affordable and accessible to the majority, particularly in towns and rural areas. It relies on thoughtful pricing planning and marketing its products through multiple channels to reach every community in India. It also places importance on research and technology, which keeps the company in a leading position globally.
Reliance Industries Limited: FY March 2025
| Category | Details | Amount (₹ Crore) |
| Revenue | Gross Revenue from Operations | 5,32,792 |
| Net Revenue from Operations | 5,17,349 | |
| Other Income | 16,094 | |
| Total Revenue | 5,33,443 | |
| Expenses | Cost of Materials Consumed | 3,84,021 |
| Purchase of Stock-in-Trade | 15,864 | |
| Operating & Direct Expenses | 0 (likely included elsewhere) | |
| Changes in Inventories | -10,679 | |
| Employee Benefits Expense | 8,690 | |
| Finance Costs | 10,054 | |
| Depreciation & Amortization | 17,981 | |
| Other Expenses | 61,384 | |
| Total Expenses | 4,87,315 | |
| Profit | Profit Before Tax | 46,128 |
| Tax Expenses | 10,866 | |
| Net Profit (After Tax) | 35,262 |
Reliance’s Growth Through Its History
- 1958 business operated by Dhirubhai Ambani
- In 1977, the company was introduced to India’s capital markets through a successful public issue.
- 1980s–1990s: The company expanded its presence in petrochemicals, refining, and energy.
- In 1998, the Jamnagar refinery in Gujarat was completed, making it the world’s largest single refinery at the time.
- Diversification continued into the 2000s, with investments in telecom, gas stations, and logistics.
- 2016 and after: Launched Jio, which dramatically changed India’s digital sector by giving affordable 4G options to everyone.
List of Top 10 Companies Owned by Reliance
1. Addverb Technologies
- Established: 2016
- Founders: Ankit Gupta, Amit Kumar, Sangeet Kumar, and Rishabh Gupta.
Adverb Technologies is a leading Indian company specialising in robotics and industrial automation. In Noida, it is active in warehouse automation, providing a range of solutions, from robots to Automated Guided Vehicles (AGVs) and warehouse management systems.
The people who started the company, IIT-Kanpur alumni, aspired to change logistics using smart and efficient technologies. Reliance is investing in Addverb because it wants to encourage digital transformation in logistics, manufacturing, and retail. As e-commerce continues to expand rapidly, Addverb plays a crucial role in providing faster and smarter logistics solutions.
Key Features:
- Put more effort into robotics and automation
- Provides AGVs, robotic arms and supply chain management software.
- Makes working in the supply chain faster and easier
- Lowers the expense related to logistics
- A common approach in retail, pharmaceuticals and e-commerce.
- Stimulates new ideas for Industry 4.0
2. Netmeds
- Established: 2015
- Founder: Pradeep Dadha.
It provides various services, including medications for illnesses, wellness products, and methods for diagnosing health problems. Because more than 10 million people trust Deliveroo for its reliable deliveries and great prices, it has become a famous platform.
In 2020, Reliance bought Netmeds to increase its presence online in healthcare. It allows people in both urban and rural India to get healthcare more easily and has proved very valuable during the pandemic with its timely medicine and health support.
Key Features:
- Pharmacy that carries many drug types
- Twain diagnoses and carries out laboratory tests
- Delivery right to your house
- Low set prices
- The program covers every state
- Helps Reliance focus further on their health-tech operations
3. Hamleys
- Founded: 1760
- Founder: William Hamley.
People of all ages have loved Hamleys for years because it offers a thrilling and memorable experience. Reliance Retail acquired Hamleys in 2019 to bolster its global retail operations and expand into the premium toy market. Reliance will be able to utilise approximately 160 new stores across 18 countries for its international expansion into consumer retail.
Key Features:
- A well-designed atmosphere in stores
- Services available in 18+ countries
- New products in the store
- Helps Reliance expand retail into the international market.
4. Fynd
- Established in: 2012
- Founder: Harsh Shah, Farooq Adam and Sreeraman MG
Fynd is a company based in Mumbai that helps customers access the most popular fashion brands. As one of the companies owned by Reliance, Fynd uses AI, machine learning, and computer vision to assist users in collecting products and making purchases online easily.
Following its focus on omnichannel retail and digital commerce, Reliance is acquiring Fynd. Users can easily check real-time inventory from offline stores, making everything more convenient for them and improving inventory management.
Key Features:
- Bringing together different ways of selling
- Watching stock levels live
- It is helpful for various types of fashion needs
- Shops and businesses that use cloud-based technology
- It fits the Reliance strategy for e-commerce
5. Haptik
- Established: 2013
- Founders: Aakrit Vaish and Swapan Rajdev
Haptik is a company based in Mumbai that focuses on building AI-powered chatbots and virtual assistants designed to enhance customer experiences while automating business communication. It helps businesses craft conversations that feel intelligent and human-like on WhatsApp, mobile applications, websites and smart gadgets.
Haptik helps companies in telecom, banking, insurance, e-commerce, and healthcare reduce their costs and improve customer service responses and satisfaction. Because it supports Indian languages, the platform becomes very useful in India’s multilingual market.
Key Features:
- The operating system encourages the use of Indian languages for speaking and writing.
- Adaptable to a wide variety of sectors
- Helps Reliance attract and maintain a larger number of users online
- Non-stop AI-driven customer support chatbots are available every hour
6. Reverie Language Technologies
- Established: 2009
- Founders: Arvind Pani and Vivekanand Pani.
The company works from Bangalore, using innovative ways to overcome India’s language diversity. It helps develop AI technology that allows websites, apps and devices to be used in regional languages in India. They are created to remove the language barrier in English that prevents many Indians from enjoying online content and services.
The news shows that Reliance is committed to giving all Indian users a place in today’s digital world and wants to reach many who do not speak English. Reverie’s technology shifted into digital products like Jio making the services offered by Reliance more suited to the needs of local customers.
Key Features:
- 22+ Indian languages are supported.
- Creating custom keyboards and vernacular styles of typing
- AI-driven tools that help with translating text as you go
- Systems that use voice to interact with language
- Making online resources available to people who do not speak English
- Important for allowing people in the region to engage with information.
7. JioSaavn
- Established: 2007.
- Founders: Vinodh Bhat,Paramdeep Singh and Rishi Malhotra.
When it started in New York City, Saavn soon rose to fame in India as a leading music streaming service with music from all over the world. JioSaavn was formed in 2018 when Reliance bought Saavn and merged it with their music service, JioMusic, to improve the audio entertainment services available under the Jio name.
JioSaavn now gives its users over 100 million tracks, unique content from artists, new podcasts, hand-curated playlists and personal music recommendations. Because Jio apps and devices are linked smoothly and offer offline subscriptions, ad-free usage and recommendations by AI, it is a centrepiece of Reliance’s digital content strategy.
Key Features:
- It makes personalized recommendations.
- Available are both non-paying and premium content options
- You can play games when your device is not connected to the internet.
- Artist partnerships and podcasts.
- Features are part of Jio apps.
8. Purple Panda Fashions
Established: 2013.
Founders: Neha Kant Suman , Chowdhury and Pankaj Vermani,
Clovia, which belongs to Purple Panda Fashions, is a brand that led innovation and style to the underserved group of women’s intimate wear and lingerie in India. Now part of the Companies Owned by Reliance, Clovia aims to provide Indian women with quality, budget-friendly and trendy lingerie, sleepwear, activewear and personal care items, all from its base in Noida.
Thanks to using data and AI, Clovia offers fitting tools that provide customers with the right size and make them more satisfied. It has also expanded its digital and multichannel strategies, providing its services to many customers by way of its website, mobile app Amazon and Myntra.
Key Features:
- They sell lingerie and innerwear as their main products.
- Styles that are on trend
- Having a powerful web presence
- The range is made to fit every type of customer and can be changed to their preference.
- This will give Reliance a bigger share of the apparel market.
9. Tesseract
- Established: 2015
- Founders: Ishaan Prasad and Vibhore Goyal.
Tesseract is a Mumbai company at the forefront of making and supplying Augmented Reality (AR) and Virtual Reality (VR) solutions. Tesseract works on making the future of people interacting with digital worlds better by making 3D content and mixed reality solutions useful for education, entertainment, real estate, retail and healthcare industries. Users can experience exciting, interactive adventures at either the enterprise or consumer level because of its work.
Key Features:
- Give importance to both consumer and enterprise apps
- Used for purposes linked to learning, housing and leisure
- Storytelling is improved by using 3D visualization
- Linking tightly with Jio’s digital services
10. Den Networks
Established: 2007
Founders: Sameer Manchanda.
Having its head office in Delhi, the company offers digital cable TV, HD channels and high-speed internet to more than a million people in over 100 Indian cities. Den is praised for its huge catalogue of shows, a major presence in the region and cutting-edge digital supporting structures.
To speed up the deployment of JioFiber and increase its influence in home entertainment and broadband, Reliance Industries acquired a majority share of Den Networks in 2018. Reliance can connect TV, internet and streaming into one package because Den provides extensive last-mile capabilities and covers many local markets.
Key Features:
- Digital cable packages have HD and channels from regional areas
- A secure broadband connection that works well at high speeds
- Operations covering more than 100 Indian cities
- Meaningful presence in smaller and less competitive regions
- JioFiber expansion and package deals are supported by this.
What are the unique selling points for Reliance?
- Vertical Integration: Maintains ownership of the process from manufacturing to shipping items to customers.
- Entering the Market with Force: Offers services in markets that cover many users with low prices and speedy setup.
- Technological Innovation: Helping India refine (Energy and Resources Institute), expand its telecom sector (Jio), develop AI (Haptik) and use immersive technology (Tesseract).
- Cost Leadership: Reduces costs with larger outputs and gives customers lower prices.
- Strategic Acquisitions: Brought onboard key companies active in retail, healthcare, fashion and digital tech.
- Investing in More than One Sector: Enters markets in energy, telecom, media, retail, technology and pharmaceuticals which is practically unheard of for a single organization.
Conclusion
Reliance Industrial Limited serves to highlight how the combination of vision, being large and having a strong strategy can improve a company and shape a country. From its beginnings as a textile trading business, it is now an international power. Through various companies owned by Reliance, it influences Indians’ internet, music, shopping, eating, and healthcare.
Its rise is similar to India’s own, fast, modern and driven by strong ambition. It is not only the company’s size that makes it unique; it’s also how it keeps moving forward and transforming. Instead of continuing in their core fields, Reliance expands into telecom, tech, fashion and digital health, displaying confidence and knowing exactly what they are doing. It doesn’t only compete; it overwhelms, often driving what companies in the industry should do next.
While staying focused on the future and anchored in Indian business, Reliance is moving at a fast pace. RIL’s focus on green energy, digital platforms and tech for consumers is transforming both business and people’s way of life in India and elsewhere.
FAQs
1. What is the company Reliance Industries Limited most famous for?
RIL has become well-known mainly because it excels in oil refining, telecom (Jio) and retail.
2. Who established the Reliance Industries company?
In 1958, Dhirubhai Ambani launched Reliance as a textile trading company.
3. Reliance’s market value in 2024 is what number?
Worth $229.81 billion, making Reliance one of India’s biggest companies.
4. What telecom brand belongs to Reliance?
India’s largest telecom network is owned by Reliance which holds Jio.
5. Is Reliance involved in owning any digital or tech startups?
Reliance does own several startups, for example, Haptik, Fynd and Netmeds.
