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Reliance Industries Limited is an Indian multinational conglomerate operating across diverse sectors. Its core activities include hydrocarbon exploration, petroleum refining and marketing, petrochemicals, advanced materials, and renewables. The company also holds significant positions in financial services, retail, and digital services, integrating these businesses to deliver comprehensive solutions.
The company was founded in 1958 by Dhirubhai Ambani, initially as Reliance Commercial Corporation, a modest venture trading commodities like spices and polyester yarn. Ambani’s insight was to establish a vertically integrated business, beginning with textiles, which laid groundwork for its broad expansion.
Reliance Industries serves a wide customer base, from consumers on its digital and retail platforms to industrial clients utilizing its energy and material solutions. Guided by "Growth is Life" and "What is Good for India is Good for Reliance," the company’s vision champions self-reliant, sustainable growth, focusing on new energy and digital-first initiatives for the nation.
Key people at Reliance.
Key people at Reliance.
Reliance Industries Limited is an Indian multinational conglomerate operating across diverse sectors. Its core activities include hydrocarbon exploration, petroleum refining and marketing, petrochemicals, advanced materials, and renewables. The company also holds significant positions in financial services, retail, and digital services, integrating these businesses to deliver comprehensive solutions.
The company was founded in 1958 by Dhirubhai Ambani, initially as Reliance Commercial Corporation, a modest venture trading commodities like spices and polyester yarn. Ambani’s insight was to establish a vertically integrated business, beginning with textiles, which laid groundwork for its broad expansion.
Reliance Industries serves a wide customer base, from consumers on its digital and retail platforms to industrial clients utilizing its energy and material solutions. Guided by "Growth is Life" and "What is Good for India is Good for Reliance," the company’s vision champions self-reliant, sustainable growth, focusing on new energy and digital-first initiatives for the nation.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2023 | Caelux | $12.0M Series A | Temasek | Khosla Ventures, Fine Structure Ventures, Mitsui Fudosan, Reliance New Energy Limited |
| May 31, 2023 | NexWafe | $32.1M Other Equity | — | Malcolm Turnbull, Athos Capital, Alex Turnbull, Reliance New Energy Limited, Saudi Aramco Energy Ventures |
| Mar 21, 2023 | Univest | $1.5M Seed | Trinity Media Group | Envision Learning, McKinsey & Company, OYO, Raheja Group, Reliance Industries, Tata AIA Life Insurance Company |
| Feb 11, 2022 | Altigreen Propulsion Labs | $79.8M Series A | Accurant International, Momentum Venture Capital, Nikhil Vora, Xponentia Capital | Reliance New Energy Limited |
| Oct 19, 2021 | MagniLearn | $2.8M Seed | OurCrowd, Reliance Industries | Israeli Innovation Authority |
| Oct 13, 2021 | NexWafe | $45.1M Series C | Mukesh Ambani | — |