Jio Platforms is owned by Reliance Industries, one of the India's bigger corporates, and the investment values the platform at US$65.95 billion.
Reliance Industries chairman and managing director Mukesh Ambani said: “When Reliance launched Jio in 2016, we were driven by the dream of India's Digital Sarvodaya – India’s Inclusive Digital Rise to improve the quality of life of every single Indian and to propel India as the world’s leading digital society.
"All of us at Reliance are therefore humbled by the opportunity to welcome Facebook as our long-term partner in continuing to grow and transform the digital ecosystem of India for the benefit of all Indians.
every single category of Indian people without exception.
"In the post-corona era, I am confident of India’s economic recovery and resurgence in the shortest period of time. The partnership will surely make an important contribution to this transformation.”
In a statement, Facebook said it would be looking to create more avenues for people and businesses to interact more efficiently.
"For instance, by bringing together JioMart, Jio’s small business initiative, with the power of WhatsApp, we can enable people to connect with businesses, shop and ultimately purchase products in a seamless mobile experience," the social media firm added.