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Jio to provide free internet, investments in budding startups: Mukesh Ambani

The key beneficiaries would be startups geared towards meeting India's needs in developmental, agricultural and creating a better livelihood for all.

ET Online|
Updated: Aug 12, 2019, 01.03 PM IST
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ET Online
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"I urge all startups to register for their custom designed package on Jio.com and this service will be available from Jan 1, 2020," he said.
Announcing a slew of initiatives for startups, Reliance Industries Chairman Mukesh Ambani said that Jio will help startups come up the curve by providing free internet services and also look at investing in some of them.

Ambani said startups geared towards meeting India's needs in developmental, agriculture and creation of livelihood would be key beneficiaries.

"Jio is a startup built in India, for India, by Indians and we have a special place in our hearts for startups. You may know 80% of the cost of running a startup goes towards cloud and connectivity infrastructure," he said.

He said that Jio is ready to take away this cost by making the connectivity and cloud infrastructure absolutely free for budding startups.

"I urge all startups to register for their custom designed package on Jio.com and this service will be available from Jan 1, 2020. Jio will also invest and financially support those startups which have the potential to address India's big needs in agriculture, healthcare, education and skill development which will boost the creation of new livelihood," he added.
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