Mukesh Ambani

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

29 Aug 2025, 16:13 PM

Reliance Intelligence will pursue the business of setting up, acquiring, holding/investing in and promoting various ventures relating to AI.

Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

13 Aug 2025, 02:14 AM

Jio's payment aggregator arm, led by ICICI Bank veterans, is tapping deep banking ties and Reliance's war chest to take on India's biggest fintech players.

Jio Financial acquires SBI

Jio Financial acquires SBI's stake in payments bank JV

05 Mar 2025, 22:32 PM

Jio Financial Services acquires SBI's 17.8% stake in Jio Payments Bank for Rs 104.54 crore.

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

24 Oct 2024, 17:58 PM

The news comes shortly after Bajaj Finserv revealed that Allianz is considering an exit from its existing life and general insurance joint ventures with the Bajaj Group.

Fintech Highlights

  1. Amazon receives RBI nod for Axio acquisition

  2. ADIA sells entire stake in MobiKwik

  3. InCred Money launches new scheme to invest in digital gold and silver

  4. Slice appoints former RBI executive Eugene Karthak as part-time chairman, independent director

  5. ADIO signs MoU with Ant International to strengthen Abu Dhabi's fintech ecosystem
  6. Read more news...

AI/Emerging Tech

  1. Stripe launches new blockchain company Tempo in partnership with Paradigm

  2. OpenAI to launch AI-powered hiring platform

  3. OpenAI to acquire product testing startup Statsig

  4. Anthropic raises $13 billion in Series F at $183 billion post-money valuation

  5. Accel, Celesta, Gaja, others form alliance for deep tech bets in India-domiciled enterprises
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality