Reliance Industries, led by Mukesh Ambani, is one of India’s most powerful conglomerates with a presence in diverse sectors. From petrochemicals, oil and gas, and textiles to retail, telecom, and digital services, Reliance has built a vast portfolio of businesses through strategic ventures and acquisitions.
Its influence extends to areas such as e-commerce, media, and technology, positioning the group as a major force in shaping India’s industrial and consumer landscape. Over the years, the company has evolved from a textile manufacturer into a multi-sector powerhouse, contributing significantly to the country’s economic growth and transforming multiple industries through innovation and scale.
In this blog, we will take a look at the List of Companies Owned by Reliance.
History: Reliance Company Growth
Reliance Industries Limited (RIL), founded by Dhirubhai Ambani in 1966, began as a textile manufacturer and swiftly expanded into petrochemicals, refining, and oil & gas exploration.
Under the leadership of Mukesh Ambani, Reliance diversified its portfolio, venturing into telecommunications with Jio, which revolutionised India’s data consumption. In recent years, Reliance has aggressively acquired startups and established companies across sectors like retail, digital services, fashion, healthcare, and energy, aiming to build a digitally integrated ecosystem.
With strategic investments in AI, clean energy, and e-commerce, Reliance has transformed into a global conglomerate. Its acquisitions reflect a shift toward innovation, consumer focus, and sustainability, positioning the company as a key player in India’s digital and economic future.
Unique Selling Proposition (USP) of Reliance
Reliance Industries’ unique selling proposition lies in its unmatched ability to integrate diverse sectors-from energy and petrochemicals to telecom, retail, and digital services-under one powerful ecosystem.
Its core strength is scale, efficiency, and innovation, allowing it to offer high-quality products and services at competitive prices. The launch of Jio disrupted the telecom industry by delivering affordable data to millions, showcasing its capacity to transform markets. Reliance also leverages advanced technologies, strategic partnerships, and an expansive distribution network to maintain dominance.
Its customer-centric approach, vertical integration, and continuous diversification give it an edge over competitors. By aligning business goals with India’s digital growth and sustainable development, Reliance ensures long-term relevance and consumer loyalty across sectors.
Reliance's Impact on the Indian Economy
Reliance Industries has played a pivotal role in shaping the Indian economy, contributing significantly to GDP, employment, and infrastructure development.
As one of the country’s largest private-sector companies, Reliance has revolutionised key industries-such as telecommunications with Jio, which democratised internet access, and retail, by modernising consumer shopping habits. Its investments in oil refining, petrochemicals, and clean energy have strengthened India’s industrial base and reduced import dependence.
Reliance also generates massive employment across urban and rural areas, directly and through its ecosystem of suppliers, distributors, and retail partners. By driving digital inclusion, supporting Make in India, and attracting global investors, Reliance continues to fuel India’s economic growth and development, reinforcing its status as a national economic powerhouse.
Core Businesses of Reliance
- Petrochemicals: Manufacturing polymers, polyesters, and chemicals.
- Refining & Marketing: Operates one of the world’s largest refining complexes.
- Oil & Gas Exploration: Domestic and international energy exploration.
- Retail: India’s largest retail chain across grocery, fashion, electronics, and more.
- Telecommunications: Jio provides digital services and affordable connectivity.
- Digital Services: Investments in AI, cloud, and e-commerce platforms.
- New Energy: Green hydrogen, solar, and battery technologies.
Current Reliance Company Growth
Reliance Industries Limited (RIL) has demonstrated robust growth across its diversified business segments in FY2024-25. The company reported a consolidated revenue of ₹10,71,174 crore (approximately $125.3 billion), marking a 7.1% year-on-year increase. The profit after tax stood at ₹81,309 crore ($9.5 billion), reflecting a 2.9% growth from the previous fiscal year.
The digital services arm, including Jio Platforms, experienced significant growth, with a 21.9% increase in net profit, reaching 26,109 crore. The retail segment also performed well, posting an 11.6% rise in net profit to ₹12,392 crore These gains offset the challenges faced in the oil-to-chemicals (02C) segment, which saw a decline due to weaker transportation fuel margins
In the renewable energy sector, Reliance is making significant strides with the development of the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. The company plans to invest $10 billion to establish 100 GW of renewable energy capacity by 2030, aiming to achieve net-zero carbon emissions by 2035
As of June 4, 2025, Reliance’s market capitalisation stands at approximately $154.16 billion, underscoring its position as one of India’s most valuable companies
List of Companies Owned by Reliance
1. Fynd
- Founder: Harsh Shah, Farooq Adam, Sreeraman MG
- Established: 2012
- Acquired by Reliance: 2019
- Sector: Fashion E-commerce & Retail Technology
Fynd is an e-commerce platform for fashion that was established in Mumbai in 2012 by Harsh Shah, Farooq Adam and Sreeraman MG. This links consumers with fashion brands in every area by using technology such as AI and computer vision to support effortless buying.
Fynd attracted attention because of its ability to control stocks smartly and show real-time information along with omni-channel retail solutions. Fynd was acquired by Reliance to support their digital commerce efforts, allowing Reliance to benefit from Fynd’s new technologies in online trading.
This deal helps Reliance move closer to its goal of dominating both the fashion-tech and lifestyle commerce fields in India and abroad.
Key Features:
- Omnichannel Fashion Platform
- Real-time Inventory Access
- AI-driven Product Recommendations
- Augmented Reality Try-ons
- Fashion Retail Integration
- Data Analytics for Brands
- White-label Storefront Solutions
- Supply Chain Management
2. Grab
- Founder: Anthony Tan, Tan Hooi Ling
- Established: 2012
- Acquired by Reliance: Strategic investment (not full acquisition; date undisclosed)
- Sector: Mobility, Food Delivery, Fintech
Established in 2012 by Anthony Tan and Tan Hooi Ling, Grab has become one of the main super apps in Southeast Asia for riding, ordering meals, handling payments and financial transactions.
Starting out in Malaysia, Grab has managed to shake up the region and is now fighting against giants such as Uber. Using mobility, fintech and logistics all together, its multi-service platform has become essential for people in the region.
Reliance purchasing Grab shows that it aims to grow in digital and mobility areas within Southeast Asia. The decision also highlights its goal of becoming a major tech company through user-friendly platforms designed for future markets.
Key Features:
- Ride-hailing Services
- Food Delivery Platform
- Digital Wallet (GrabPay)
- Micro-lending & Financial Services
- In-app Booking Integration
- Real-time Driver Tracking
- Loyalty & Rewards Program
- Cloud-based Logistics Network
3. Haptik
- Founder: Aakrit Vaish, Swapan Rajdev
- Established: 2013
- Acquired by Reliance: 2019
- Sector: AI-based Conversational Platforms
Haptik was launched in 2013 by Aakrit Vaish and Swapan Rajdev in Mumbai. It focuses on AI-based chatbots to automate customer engagement and support. It supports virtual assistants, letting brands communicate with users on apps, through messaging and websites.
Haptik is acknowledged for offering NLP-focused solutions to clients in telecom, finance and e-commerce. Reliance chose to acquire Haptik for the purpose of strengthening its digital services through AI-based interaction with customers.
This deal proves that Reliance wants to take the lead in AI-powered services by offering smarter, more scalable services to meet the needs of India’s fast-changing consumers.
Key Features:
- AI Chatbot Development
- Voice Assistant Integration
- Multilingual Support
- Real-time Customer Engagement
- Enterprise API Access
- WhatsApp Business Solutions
- Analytics Dashboard
- Cross-platform Messaging
4. Reverie
- Founder: Arvind Pani, Vivekanand Pani
- Established: 2009
- Acquired by Reliance: 2019
- Sector: Language Localization & AI
Reverie Language Technologies, launched in 2009 by Arvind and Vivekanand Pani in Bangalore, pioneers Indian language localisation for digital platforms. The company offers language keyboards, translation engines, and voice tools, bridging India’s linguistic divide.
Reverie’s mission is to democratise digital access for non-English speakers across sectors like fintech, government, and e-commerce. Reliance’s acquisition reflects its commitment to inclusive digital growth.
Through Reverie, Reliance empowers its platforms to cater to India’s diverse linguistic population, fostering user engagement in regional languages and strengthening its localised communication strategies across digital verticals.
Key Features:
- Multilingual Keyboard Solutions
- AI Language Processing
- Indic Language Translation
- Real-time Localisation APIs
- Speech-to-Text in Indian Languages
- Language-based Sentiment Analysis
- Mobile SDK for Integration
- Indian Language OCR
5. Saavn
- Founder: Rishi Malhotra, Vinodh Bhat, Paramdeep Singh
- Established: 2007
- Acquired by Reliance: 2018 (merger with JioMusic)
- Sector: Music Streaming
In 2007, Saavn was launched by Rishi Malhotra, Vinodh Bhat and Paramdeep Singh as a B2B music service which later developed into a top streaming platform for Indians.
Because it had a massive collection of songs in multiple languages, Saavn became very popular among Indians at home and overseas. When it partnered with JioMusic, it turned into JioSaavn, helping Reliance improve its content services. Independent artists are supported, local playlists are created and the platform fights for relevance against Spotify and Apple Music.
The integration of the company confirmed Reliance’s interest in digital and entertainment sectors, resulting in a user ecosystem rich in music enjoyed by the Indian people.
Key Features:
- Multi-language Music Library
- Personalised Playlists
- Offline Music Downloads
- Artist Radio & Podcasts
- Curated Regional Content
- Cross-device Syncing
- Ad-supported and Premium Versions
- User Behavior Analytics
6. Purple Panda Fashions (Clovia)
- Founder: Pankaj Vermani, Neha Kant, Suman Chowdhury
- Established: 2013
- Acquired by Reliance: 2022 (majority stake)
- Sector: Lingerie & Women’s Intimate Wear
Clovia, started by Purple Panda Fashions in 2013, is well known as a leading lingerie business in India. The company is located in Noida and provides trendy lingerie, activewear and sleepwear to suit various styles.
Clovia integrates technology into its design and direct sales, allowing customers to achieve a good fit, enjoy comfort and look great. It introduced shopping for lingerie over the internet in India and changed the normal buying habits of Indians.
Reliance bought Clovia to improve its presence in fashion for women and online shopping. With this purchase, Reliance can sell more intimate apparel in India using Clovia’s experience and data-guided retail model.
Key Features:
- Women-specific Intimate Apparel
- Virtual Fitting Room
- AI-based Style Recommendations
- Custom Sizing Options
- Trendy Loungewear Collection
- Maternity Wear Line
- Fashion Blog & Guides
- Mobile Shopping App
7. Tesseract
- Founder: Ishaan Prasad, Vibhore Goyal
- Established: 2015
- Acquired by Reliance: 2019
- Sector: Augmented & Virtual Reality (AR/VR)
Founded in 2015 by Ishaan Prasad and Vibhore Goyal, Tesseract is a Mumbai-based tech company creating immersive experiences using AR and VR. Its innovative product line includes holographic displays, mixed-reality content, and 3D capture devices.
Tesseract serves industries such as education, real estate, healthcare, and entertainment. Reliance acquired Tesseract to future-proof its digital content and retail presence, integrating immersive tech into customer engagement.
The move aligns with Reliance’s strategy to lead in emerging technologies and deliver next-generation digital storytelling and experiential shopping across platforms and industries.
Key Features:
- AR/VR Headset Development
- 3D Content Creation Tools
- Virtual Product Demos
- Spatial Audio Integration
- Education & Training Modules
- Real Estate Virtual Tours
- Health & Wellness Apps
- Cross-platform Compatibility
8. Den Networks and Hathway Cable & Datacom Ltd.
- Founder: Sameer Manchanda
- Established: 2007
- Acquired by Reliance: 2018 (majority stake)
- Sector: Cable Television & Broadband
Den Networks and Hathway Cable & Datacom are major Indian cable TV and broadband providers. Den, founded in 2007, operates multi-city digital cable services, while Hathway, started in 1999, offers broadband and cable services in key metros.
These companies play vital roles in delivering digital entertainment and high-speed internet. Reliance’s acquisition strengthens Jio’s infrastructure for last-mile connectivity and multiplatform content distribution.
With these assets, Reliance aims to dominate broadband delivery, improve digital access across India, and fuel growth in streaming and OTT content via robust cable infrastructure.
Key Features:
- Digital Cable Services
- Multi-city Channel Access
- HD and SD Channel Packages
- Interactive TV Features
- Parental Control System
- Multi-device Viewing Options
- Bundled Internet Services
- Local Channel Broadcasts
9. Hamleys
- Founder: William Hamley
- Established: 1760
- Acquired by Reliance: 2019
- Sector: Toy Retail
Since 1760, Hamleys has been a leading and very well-known toy retailer throughout the world. The brand’s main London store is famous worldwide for its innovative shopping experiences.
There is a large selection of toys, games and educational items for kids of every age at Hamleys. In 2019, Reliance took over Hamleys in order to enter the global toy retail market and be recognised as a top brand in entertainment shopping.
Buying the retailer strengthens Reliance’s position in foreign markets and the brand Hamleys makes Reliance’s stores more attractive to families everywhere with their entertaining activities.
Key Features:
- Global Toy Collection
- Themed Store Experience
- In-store Toy Demonstrations
- Premium Gifting Options
- Online Shopping Portal
- Licensed Character Merchandise
- DIY Activity Toys
- Events & Birthday Zones
10. Netmeds
- Founder: Pradeep Dadha
- Established: 2015
- Acquired by Reliance: 2020
- Sector: Online Pharmacy & Healthcare
Netmeds, started by Pradeep Dadha in 2015, is an online health service provider based in India. Products available in the areas of prescription medicine, wellbeing and teleconsultations are offered to more than 10 million customers.
Netmeds is often called “India Ki Pharmacy” for its role in making medicines accessible to people from urban and rural areas. In 2020, Reliance bought Netmeds to enter the digital health and pharmaceutical sectors.
With this integration, Reliance is able to be involved in India’s health-tech market and offer budget-friendly alongside easily accessible healthcare through its consumer-focused digital offerings.
Key Features:
- Online Prescription Fulfillment
- 24/7 Medicine Ordering
- Health & Wellness Products
- Lab Test Booking
- Digital Health Records
- Pharmacist Chat Support
- Discounted Subscription Plans
- Ayurvedic and Herbal Products
11. Addverb Technologies
Addverb Technologies, founded in 2016 by IIT-Kanpur alumni, is an Indian robotics and automation company revolutionising warehouse and logistics management. It builds robotic systems, warehouse software, and smart material handling solutions.
Headquartered in Noida, Addverb’s products boost efficiency for industries like e-commerce, FMCG, and manufacturing. With its advanced automation technology, Addverb supports digital transformation in supply chains.
Reliance’s strategic investment accelerates its push into tech-enabled logistics, smart warehousing, and Industry 4.0 applications across its retail and distribution businesses.
Key Features:
- Robotic Sorting Systems
- Automated Guided Vehicles (AGVs)
- Warehouse Management Software
- Pick-to-Light Solutions
- IoT-based Warehouse Monitoring
- Human-robot Collaboration
- Modular Conveyor Systems
- AI-powered Inventory Analytics
12. Portico
- Founder: Rajendra Agarwal
- Established: 1984
- Acquired by Reliance: 2021
- Sector: Home Furnishings & Textiles
Established in 1984 by Rajendra Agarwal, Portico is a premium Indian home furnishing brand known for its luxurious bed linens, towels, and decor textiles. It blends traditional craftsmanship with contemporary designs across a broad product range.
Portico’s vibrant collections cater to both classic and modern aesthetic preferences. Its strong retail presence and loyal customer base made it an attractive acquisition for Reliance.
With Portico, Reliance enhances its lifestyle and home segment portfolio, further consolidating its presence in India’s booming consumer goods and home decor market.
Key Features:
- Designer Bed Linen Sets
- Premium Bath Towels
- Seasonal Home Collections
- Custom Print Bedding
- Eco-friendly Fabric Range
- Online Product Personalization
- Home Décor Accessories
- Gift Packaging Services
13. Amante
- Founder: MAS Holdings
- Established: 2007
- Acquired by Reliance: 2021
- Sector: Premium Lingerie & Intimate Wear
Amante, a lingerie brand launched by MAS Holdings in 2007, is celebrated for premium innerwear tailored for the South Asian woman. Offering a wide range including bras, panties, sleepwear, and activewear, Amante blends comfort, aesthetics, and function.
Its use of high-quality fabrics and trendy styles attracts urban women seeking both fashion and fit. Reliance’s acquisition of Amante strengthens its play in the women’s fashion and lifestyle space.
The brand complements its growing portfolio of intimate wear and helps tap into the rising demand for inclusive and luxurious innerwear in India.
Key Features:
- Premium Lingerie Collection
- Seamless Comfort Wear
- Sleepwear & Nightwear Line
- Sports & Activewear for Women
- Luxurious Fabric Selection
- Size-inclusive Offerings
- Online Fit Guide
- International Design Trends
14. Lithium Werks
- Founder: Kees Koolen
- Established: 2017
- Acquired by Reliance: 2022 (strategic investment)
- Sector: Lithium-ion Batteries & Energy Storage Solutions
Lithium Werks, founded by Dutch entrepreneur Kees Koolen in 2017, focuses on advanced lithium-ion battery technology and energy storage systems.
The company develops safe, long-lasting batteries for industrial and commercial uses, especially for electric mobility and renewable energy integration. With expertise in power cells, modules, and smart energy systems, Lithium Werks plays a critical role in the global clean energy transition.
Reliance’s investment aligns with its green energy strategy, supporting India’s EV ambitions and sustainable infrastructure with cutting-edge battery innovations.
Key Features:
- Advanced Lithium-ion Batteries
- Fast-charging Capabilities
- Energy Storage Solutions
- Thermal Management Technology
- Long Cycle Life
- Industrial-grade Power Packs
- EV Integration Compatibility
- Sustainable Battery Components
15. Manish Malhotra
- Founder: Manish Malhotra
- Established: 2005
- Acquired by Reliance: 2021 (majority stake acquired by Reliance Brands)
- Sector: Fashion Design & Luxury Apparel
Manish Malhotra is a luxury fashion label founded by the iconic Indian designer of the same name. Known for opulent bridal couture, high-end pret, and film costumes, the brand is synonymous with Bollywood glamour and contemporary Indian design.
The label combines traditional craftsmanship with modern aesthetics, influencing global Indian fashion. Reliance’s stake in the Manish Malhotra brand is part of its larger ambition to dominate India’s premium fashion landscape.
Through this acquisition, Reliance not only enters high fashion retail but also integrates entertainment, fashion, and lifestyle experiences under one roof.
Key Features:
- Couture Fashion Collections
- Celebrity Styling & Red Carpet Designs
- Bridal & Wedding Wear
- Men’s Ethnic and Indo-Western Wear
- Luxury Pret & Diffusion Lines
- Handcrafted Embroidery & Detailing
- Fashion Film and Virtual Runway Shows
- Personalised Styling Consultation Services
Reasons for Reliance’s Popularity
- Diversified Portfolio: Presence across energy, telecom, retail, digital services, and renewable energy.
- Affordable Innovation: Jio revolutionised mobile data pricing, making the internet accessible to millions.
- Market Leadership: Largest private-sector company in India by revenue and market cap.
- Strategic Acquisitions: Acquired leading startups and global brands to expand its digital and retail reach.
- Strong Leadership: Visionary leadership under Mukesh Ambani has driven consistent growth.
- Wide Consumer Reach: Serves millions through Reliance Retail, Jio, Netmeds, and more.
- Tech-Driven Growth: Investments in AI, 5G, and green energy solutions.
- Employment Generator: Significant contributor to job creation across sectors.
- National Impact: Strong alignment with India’s development goals and digital inclusion.
Ending Note
Reliance Industries Limited has evolved from a textile manufacturer into a diversified global conglomerate with strongholds in petrochemicals, telecommunications, retail, digital services, and renewable energy.
Through strategic acquisitions and relentless innovation, Reliance has created an integrated ecosystem that fuels its sustained growth and market leadership. Its contributions to India’s digital revolution, employment generation, and industrial expansion have made it a cornerstone of the national economy.
With a forward-looking vision, substantial investments in green energy, and an expanding global footprint, Reliance continues to shape the future of business and technology in India and beyond. As it adapts to changing market dynamics and consumer needs, Reliance remains committed to driving inclusive, tech-enabled, and sustainable growth across sectors.
FAQs
1. Is 7-Eleven owned by Reliance?
Yes, Reliance Industries acquired 7-Eleven. It operates under Reliance Retail, the retail arm of Reliance Industries.
2. How Many Companies Taken Over By Reliance?
Determining the exact number of companies Reliance has taken over is difficult. Estimates suggest Reliance Industries Limited (RIL) has acquired and integrated roughly 150 subsidiaries and associate companies across various sectors.
Here’s a breakdown of their takeover strategy:
- Full Acquisitions: RIL has fully absorbed companies like Indian Petrochemicals Corporation Limited during privatization.
- Strategic Acquisitions: Reliance Retail, a subsidiary, has been on an acquisition spree in recent years, focusing on areas like:
- E-commerce: Fynd (online shopping platform).
- Fashion: Clovia (intimate wear).
- Entertainment: Eros International (film production)
3. Is Tira a Reliance brand?
Yes, Tira is a Reliance brand. Here’s why:
- Launched by Reliance Retail: Reliance Retail, a subsidiary of Reliance Industries Limited (RIL), launched Tira in February of last year.
- Reliance Leadership: Isha Ambani, daughter of Mukesh Ambani who chairs RIL, is a key figure behind the launch of Tira.
- Reliance Platforms: Tira operates as an omnichannel beauty platform under the Reliance umbrella, offering beauty products through their app, website, and physical stores.
4. What is the role of Reliance in the development of 5G technology in India?
Reliance Jio, a subsidiary of Reliance Industries, has been a major player in bringing 5G to India. They were the first to deploy a nationwide Standalone (SA) 5G network, considered the most advanced form of 5G. This rapid rollout and their investments in infrastructure position Jio as a key driver in India’s 5G revolution, aiming to transform communication, technology, and the overall digital landscape.
5. Can individuals invest in Reliance Industries?
Yes, individuals can invest in Reliance Industries. The company is publicly traded on the National Stock Exchange of India (NSE) under the symbol “RELIANCE”. This means anyone with a brokerage account can buy shares of Reliance and potentially benefit from the company’s growth.
6. How Jio is related to Reliance?
Jio is like the tech arm of Reliance. It’s a subsidiary of Reliance Industries Limited (RIL), the giant Indian corporation. So, Jio is owned by Reliance and focuses on telecommunications services like 4G, 5G, and fiber internet, while Reliance has a broader range of businesses like retail and energy.
7. Does Reliance own Nippon?
Yes, Reliance Industries holds ownership of Nippon Paint (India) Pvt Ltd. It’s one of the subsidiaries under Reliance’s business umbrella.
8. Are clothing brands like AJIO, Zivame, and Trends owned by Reliance?
Yes, Reliance Industries owns popular clothing brands such as AJIO, Zivame, and Trends. These brands are part of Reliance Retail’s diverse portfolio.
9. What other brands are owned by Reliance?
Reliance Industries has a wide-ranging portfolio of brands across various sectors, including retail, telecommunications, energy, and more. Some notable brands include Jio, Reliance Fresh, and Reliance Digital.
