Posts Tagged ‘Reliance Digital’

Reliance Jio Offers up to 72 GB Free Data to LYF Customers

June 21, 2017

As per a new scheme, Mukesh Ambani led Reliance Industries Limited (RIL) subsidiary Reliance Jio is now offering customers up to 72 GB or 20 percent more 4G data on the purchase of select LYF smart phones.

20 percent more data scheme

This new offer is applicable to both—existing Prime customers as well as new customers. It will be applicable on select LYF smart phone purchases made from 9th June 2017 till the stocks last. The data vouchers for this scheme will be applicable from the recharge date to 31st March 2018. After 31st March 2018, any unused data voucher will expire and be forfeited.

Along with buying the LYF device, customers will have to make a recharge of INR 309 or INR 509. This will give them a 4G data voucher of 6 GB or 12 GB, respectively. The complimentary 4G data will be credited within two days of the recharge. The vouchers will be valid for not more than six recharges. This means that a customer may avail of up to 72 GB data using these six recharges.

While the 20 percent more data scheme cannot be used with other offers or promotional schemes of the same type, eligible subscribers will still be able to avail of the benefits Jio provides in its Jio Dhan Dhana Dhan scheme. Apart from this, the free data scheme will be discontinued if the subscriber changes the eligible LYF device for another handset, which is not valid under this scheme.

Smart phones applicable under the scheme

The following LYF smart phones are applicable under the scheme:

  • Earth 1
  • Earth 2
  • F1
  • F1S
  • Water 1
  • Water 7S
  • Water 8
  • Water 10
  • Water 11
  • Wind 4S

Activation of the 20 percent more data scheme

As per the Jio Website, subscribers will have to put their Jio SIM in the LYF handset. After this, they will have to download and install the MyJio app on the device. Once the app is installed, subscribers will have to go to the My Vouchers option in the MyJio app. There, they will have to select View Voucher followed by Recharge My Number. Once they confirm the recharge, they will get a Successful Recharge Notification. After this, they will be able to see the additional data voucher under their My Plans section.

Subscribers of Reliance Jio

As per a report by Bank of America Merill Lynch, a global financial services major, 80 percent of Jio subscribers have only one Jio SIM and around 90 percent have subscribed to its Prime membership plan. The report further stated that around 76 percent users are going to continue using Jio’s services once the promotional offer gets over. Moreover, 84 percent subscribers have already paid the monthly top up with a majority choosing the INR 303 or INR 309 plan.

Summary

Mukesh Ambani led Reliance Jio is offering up to 72 GB of free data to the customers of select LYF smart phones, under its 20 percent more data scheme.

90% Jio Users Become Prime Members while Reliance Jio Offers 20% More Data on LYF Mobiles

June 20, 2017

According to a recent report, Mukesh Ambani led Reliance Jio has garnered approximately 90 percent of its user base into purchasing the Jio Prime membership. Apart from this, the company has also introduced a new offer, wherein those who purchase select LYF smart phones will be eligible to get 20 percent additional 4G data.

Bank of America Merill Lynch report  

According to a Bank of America Merill Lynch (BofAML) report, approximately 90 percent of Reliance Jio users have subscribed to the Jio Prime membership. This report further stated that 76 percent of the users will continue to use Jio even after the offer period ends.

Some other information about Jio users as per the report are as follows:

  • 80 percent users have one Jio SIM only
  • From the existing ones, 84 percent users said that they have already paid for the monthly top up
  • The most popular top ups are of INR 303 and INR 309

The BofAML survey was conducted in mid-June. It consisted of approximately 1,000 users who were primarily using a Jio SIM.

Additional 4G data offered by Jio

As per a new limited period scheme, Mukesh Ambani led Reliance Jio is offering extra 20 percent 4G data on purchase of certain models of LYF smart phones bought from 9th June till the stocks last. The select models that come under the purview of this offer are Wind 4S, Water 1, Water 7S, Water 8, Water 10, Water 11, Earth 1, Earth 2, F1, and F1S.

The users will be eligible for this offer when they make a recharge of INR 309 or INR 509 on their Jio SIM. They will get a top up voucher of 6 GB or 12 GB, respectively. This additional data will be credited within 48 hours of the initial recharge done.

As per the terms and conditions, these data vouchers may be used for up to six recharges done till 31st March 2018. In case there is any unutilised data after the end of the offer period, it will expire.

Steps to activate the additional data

Following are the steps to be followed for availing of 20 percent additional data:

  • Insert the Jio SIM in the LYF smart phones you purchased.
  • If you do not already have the MyJio mobile application, download it on your phone.
  • Open the MyJio app, go to My Vouchers and click on Recharge my number.
  • Recharge your SIM with the plan of your choice. After the recharge is done, you will get a notification of a successful recharge.
  • Post this, the additional data voucher will automatically reflect in the My Plan section of the app.

Users should note that this offer cannot be clubbed with any other alternative offer or promotion. Besides, the benefits of the offer will discontinue on change of device.

Summary

According to a report by BofAML, around 90 percent of Jio users have become Jio Prime members. Apart from this, Reliance Jio has launched a scheme offering 20 percent more data to buyers of LYF smart phones.

Reliance Jio is Offering Cashback on LYF and JioFi Devices

June 13, 2017

Mukesh Ambani led Reliance Jio has come up with promotional offers for its line of LYF smart phones and JioFi devices. Both the offers will give users additional 4G data that will be available in the form of vouchers or data top ups.

Offer on LYF phones

Reliance Jio is offering 20 percent more 4G data to its users buying certain models of LYF smart phones. To avail the offer, customers will have to purchase a LYF smart phone priced between INR 6,600 and INR 9,700. Under this offer, a user may select from over ten LYF models including F1, F1S, Earth 1, Earth 2, Wind 4S, Water 7S, Water 8, Water 10, and Water 11. This offer is only applicable for Reliance Jio customers who are Jio Prime members.

The details of the offer are as follows:

  • A user who has a LYF smart phone will be entitled to get a 4G data voucher of 6 GB with each recharge of INR 309. A 12 GB voucher will be given to those who recharge with INR 509.
  • The recharge done by the user will reflect in the MyJio app under the My Plan section.
  • Users are entitled to recharge and get the additional data vouchers for a maximum of six times.
  • This offer will be valid till 31st March 2018.

The LYF brand comes under Reliance Retail, which is a part Mukesh Ambani led Reliance Industries Limited (RIL).

Users may purchase LYF smart phones on Reliance Jio’s official website, where they may be found under the smart phone section. These smart phones are also available for purchase on Reliance Digital and Digital Xpress Mini stores.

Offer on JioFi devices

Reliance Jio’s portable broadband device, called JioFi is virtually free as Reliance Jio is offering a 100 percent cashback on its purchase. The JioFi is a device that creates a personal hotspot and allows multiple devices to connect with it to access the Internet. The devices may be 2G and 3G smart phones, laptops, and even tablets.

The details of Reliance Jio’s 100 percent cashback offer are as follows:

  • On the purchase of JioFi devices from Reliance Jio’s official website, customers will be eligible to receive cashback in the form of data vouchers worth INR 2,010 or INR 1,005.
  • The data vouchers will be in the form of top ups of INR 201. Ten such vouchers will be given to those who exchange their non-Jio devices at the time of purchasing the JioFi device, under the 100 percent cashback offer. Five vouchers will be given to other buyers who do not opt for the exchange, under the 50 percent cashback offer.
  • The JioFi device costs INR 1,999. Users may purchase it by using the EMI options offered by SBI Bank, ICICI Bank, HDFC Bank, and Axis Bank, among others. The EMI starts at INR 95.03.

The JioFi device is available at Reliance Digital stores, Digital Xpress Mini Stores, and on Jio.com, the official Reliance Jio website.

Summary

Reliance Jio is offering cashback on the purchase of LYF smart phones and JioFi devices in the form of 4G data vouchers.

Reliance Retail to Launch Project Eve Retail Stores

June 6, 2017

Mukesh Ambani led Reliance Retail is set to launch a retail experiential store with premium services. The chain will be called Project Eve. These stores will have a host of facilities for the customers and are set to be more premium than the existing chain of Reliance Retail called Reliance Trends.

Project Eve

This chain of stores will have apparels, cosmetics, footwear, and jewelry. There will also be salons and cafés where shoppers can relax and rejuvenate themselves. All of these services will be available under one roof for their convenience.

With regard to shopping, the Project Eve stores will have in-house brands as well as international brands. The chain will focus on high fashion and premium wear in order to differentiate itself from the existing stores in India which are driven primarily by discounts.

According to a report in Economics Times (ET), the stores would be around 5,000-10,000 square feet in size. One of the executives involved in the store launch said that Project Eve will mainly focus on urban markets like Bengaluru, Delhi, and Mumbai.

Director at the retail consultancy Elargir Solutions, Ruchi Sally, stated that Project Eve might face some challenges as international brands like Zara and H&M have a large piece of market share with plans of expansion and these brands are ahead in fashion and style. She also opined that Reliance Retail will have to come up with a unique experiential retail format in order to set itself apart and not through pricing.

Apparel market in India

Indian apparel market is on the rise as there is fierce competition between varieties of indigenous as well as international brands. The Indian apparel market is expected to reach a valuation of around 60 billion dollars by the year 2020. The global brands in India like Zara, Gap, and H&M are aggressively focusing on expansion with a view to tapping into India’s non-metro cities as well.

Experiential retailing is getting more attention as competition is going on increasing. As margins are shrinking for core products, global players like Adidas, Nike and Under Armour are trying to find a way to stand out. Under experiential retailing, these stores are innovating and offering coffee shops, yoga place or gyms inside the store.

About Reliance Retail

Reliance Retail is a diversified group under Reliance Industries Limited (RIL), which is headed by Mukesh Ambani. RIL has undertakings in telecom, petroleum, and media. Reliance Retail is one of the largest retailers in India. It operates Reliance Trends and Reliance Brands which have associations with several international brands, such as Diesel and Superdry among others.

In the Financial year (FY) 2016-17, Reliance Retail’s overall revenue was INR 33,765 crore. Out of this a 15% share or INR 5,000 crore was contributed by the fashion and lifestyle segment. In the previous year, this segment contributed 20% of revenue for Reliance Retail. The percentage of contribution reduced because Reliance Retail shifted the focus from fashion and lifestyle to electronics and grocery. However, margins in the apparel business are significantly higher compared to other business verticals operated by Reliance Retail.

Summary

Reliance Retail is all set to launch a chain of premium fashion and lifestyle stores called Project Eve. These stores will function under the experiential retailing format.

Reliance Industries Aims to Double Its Market Share in Fuel Retail

May 30, 2017

Mukesh Ambani led Reliance Industries Limited (RIL) is gearing up to capture a 10 percent market share in the fuel retail business, which will be double of its current market share. RIL is focusing on expansion and aspires to achieve this target in the coming two to three years.

RIL’s fuel retail business

In 2005, RIL had a 12 percent market share in fuel retail. Then, the crude oil prices started rising exponentially. RIL, being a private company did not get the benefit of subsidies that State-run oil companies enjoyed. Thus, in a period of nine years from 2005, the market share of RIL fell to 0.5 percent.

In June 2010, the government deregulated petrol prices and diesel prices were deregulated in October 2014. After this, RIL gradually started to make its fuel retail outlets operational again. The company currently holds a 5 percent market share in fuel retail.

Between 2004 and 2006, RIL set up 1,470 fuel retail outlets at the cost of INR 5,000 crore. Of these, 1,221 outlets are operating right now. The company has planned to reopen the remaining 249 outlets by the end of this year.

According to analysts, RIL sold Gulf Africa Petroleum Corp. this year, which was its South African venture in fuel retail and this indicates that RIL would be looking to expand the fuel retail business in the domestic market.

RIL’s future plans

As per a report, two officials have shared that RIL is planning to achieve a market share of 10 percent in the next two to three years, effectively doubling its current market share.

As per the officials, RIL is working on several plans to achieve its target. They revealed that RIL is exploring the markets where it is not represented in, which mostly consists of areas other than urban markets.

Analysts opined that RIL may be considering expanding its network to operate 2,500 to 3,000 outlets. This number would depend on commercial viability. The company may have up to 5,000 fuel retail outlets as it holds the licenses for this number.

In the end of Financial Year (FY) 2016–2017, RIL reported that its fuel retail revenue rose by 60.2 percent to INR 33,765 crore. The company also announced its plan to invest INR 2,500 crore in the form of capital expenditure to expand its number of fuel retail outlets.

In a press statement, Mukesh Ambani led Reliance Industries Limited (RIL) revealed that in the third quarter of FY 2016-2017, it had a throughput of 300 kiloliters per month (klpm) which is 85 klpm more than the previous quarter.

Till date, RIL has 448 outlets which are completely operated and owned by the company. According to the company’s plans, these outlets are set to be increased by 52 more in this financial year.

About RIL

RIL is an oil refinery company with its main plant located at Jamnagar. The twin refineries at Jamnagar export fuel and also supply it to Indian retailers.

Summary

RIL is planning to increase its market share in the fuel retail segment by twice to acquire 10 percent of the total market share.

Reliance Industries’ GenNext Hub Organizes a Roadshow in Bengaluru

May 8, 2017

‘Startup India’ initiative by the government has seen a lot of progress in making India a country having the ecosystem to support startups. The number of startups in India is expected to increase in the next few years. To help this growth, Mukesh Ambani led Reliance Industries Limited (RIL) and Microsoft Ventures came together to form the GenNext Hub program.

GenNext Hub program

GenNext Hub program is a four-month long initiative aimed to accelerate the startup community in India. It helps startups to scale-up from a product or an idea to a successful company. It provides access to funding opportunities, technical experts, and mentors. GenNext Hub also launched a facilitating program, ‘Scalerator’ targeted to present the high-growth startups with growth opportunities.

GenNext Hub has its focus on technology startups working in the areas of retail, healthcare, telecom, media, mobile apps, messaging, financial technology, cloud services, Industrial Internet of Things (IoT), or Consumer IoT. Further importance is given to technologies like machine learning, analytics, Virtual Reality (VR), deep learning, Software as a Service (SaaS), and Augmented Reality (AR).

GenNext Hub Roadshow

On 26th April 2017, the third GenNext Hub Roadshow was organized in Bengaluru. The event was organized in three tracks according to the different growth stages of the startup companies. The event saw 24 startups pitching to a panel of 11 experts across different tracks.

The first track had 15 alumni of the GenNext Hub program staging a pitch to various angel investors and venture capitalists. These companies were addressed by Naveen Asrani, Director of Startups at Microsoft, who urged them to keep customers close to the business as they are the first investors who believe in the product.

The second track consisted of RIL executives, who were pitched by high-growth startups. Senior executives from Reliance Retail, Reliance Jio, and RIL Enterprise IT and Digital Transformation were present. The startups in this track were focused in the areas of Artificial Intelligence (AI), logistics, financial technology, nanotechnology, drones, and other technologies.

The third track saw young startups wishing to secure admission in the Summer Cohort 2017 program. These startups pitched to the experts and mentors of the GenNext Hub team.

The purpose of the GenNext Hub Roadshow was to recognize startups with potential and help them increase scalability, build a strong foundation, and expand knowledge and resources. GenNext Hub has planned to organize more roadshows in the future.

Statements of Sushil Borde

Sushil Borde, Vice President at Reliance Innovation Leadership Centre, is of the opinion that one should always challenge the norm. According to him, Mukesh Ambani led Reliance is a company that has reinvented global industries. More than just a growth story, it is an innovation story, he said. He stated that Reliance started challenging the conventional wisdom and startups should also do the same. He added that startups should remember that India is a value conscious economy and like Reliance they should develop affordable products targeted to the masses.

Summary

GenNext Hub, a partnership program between Reliance Industries and Microsoft Accelerator, helps startups boost their scalability. It recently organized a GenNext Hub Roadshow in Bengaluru to identify the potential of the startups.

Reliance Jio Earned the Top Position in Terms of 4G Download Speed and Availability of 4G Network

April 24, 2017

The telecom arm of Reliance Industries (RIL), Reliance Jio Infocomm Limited has been creating a huge impact on the Indian telecom sector since its launch on 5th September 2016.

Reliance Jio’s download speed as per TRAI

According to a report by the Telecom Regulatory Authority of India (TRAI), in March 2017, the average download speed of Mukesh Ambani-led Reliance Jio was 16.48 megabit per second (Mbps). This was almost double of what its competitors offered. Theoretically, one Bollywood movie can be downloaded in around five minutes at 16 Mbps speed. TRAI gathered and calculated the data download speed on a real-time basis using its MySpeed application.

Reliance Jio’s challenge

In an advertisement campaign by a leading telecom operator, the company claimed to be ‘officially’ the fastest network in the country.

However, Reliance Jio challenged the company, after which, the Advertising Standards Council of India (ASCI) found the claim misleading. ASCI asked the telecom company to modify or withdraw the advertisement by 11th of April 2017.  The company complied with the same.

OpenSignal report 

According to a report by OpenSignal, Reliance Jio ranked the highest in terms of availability of the 4G network. A statement said that OpenSignal’s testers found a 4G signal availability 91.6 percent of the time on Reliance Jio’s network. The company stated that Reliance Jio’s network availability was the widest and outstanding as per global standard. On the other hand, no other telecom operator in India scored more than 60 percent in OpenSignal’s 4G network availability tests.

A private company, OpenSignal conducted the survey in Delhi, Mumbai, Karnataka, and Tamil Nadu.  The survey was conducted between the period of December 2016 and February 2017. It claimed to have gathered information from 1.3 billion data points covering a total of 93,464 subscribers. 

Offers by Reliance Jio 

Since its launch in September 2016, Mukesh Ambani led Reliance Jio has been providing several beneficial offers to its users. Soon before the end of its free services, Reliance Jio announced the Jio Prime subscription in February 2017. The Jio Prime membership was priced at INR 99 with a validity up to 31st March 2018. Jio Prime members enjoy additional benefits as compared to non-prime members.

Even after initiating its paid services, the company successfully garnered more than 72 million subscribers. Recently, the company announced Jio Dhan Dhana Dhan offer, under which Jio users could enjoy unlimited data and voice calling benefits for 84 days. Jio Prime members enjoy 1 GB 4G data per day, free voice calls, SMS, and access to Jio apps on a recharge of INR 309. With a recharge of INR 509, the users enjoy 2 GB 4G data per day along with the aforementioned benefits. Non-prime members could avail of these benefits with a recharge of INR 408 or INR 608 respectively.

Summary

Reliance Jio ranked first in terms of 4G download speed as per a report by the Telecom Regulatory Authority of India (TRAI). Moreover, it also recorded the widest availability of 4G network according to a report by OpenSignal.

RIL’s Dahej Petrochemical Expansion Project Receives a Green Nod

April 7, 2017

Mukesh Ambani led Reliance Industries Limited (RIL) has been given the environment clearance for debottlenecking and expanding its petrochemical plant in Dahej, Gujarat at an expense of INR 13,250 crore.

Green nod to RIL’s Dahej project

RIL’s Dahej petrochemical facility is located in the Bharuch district of Gujarat. Apart from meeting India’s demand-supply gap of petrochemicals, the company aims to expand the facility in view of their regular supply of feedstock, sufficient supply of Shale gas ethane from the United States (US), and change in the government’s policy to prioritize domestic supply over industrial sector. A senior government official stated that on the basis of Expert Appraisal Committee (Industry)’s recommendations, RIL’s expansion project has been given environmental clearance by the Environment Ministry on 3rd April 2017. He added that the expansion project will be carried out within the existing plant area of 700 hectares.

The expansion will cost around INR 13,250 crore. Apart from this, a budget of INR 400 crore will be kept aside to conserve and protect the environment.

The power required for the proposed expansion project will be generated from the existing captive power plant. The fuel utilized for the Dahej petrochemical facility expansion project will largely be ethane, off gas, and lean gas. As per the proposal, RIL’s Dahej petrochemical facility currently utilizes a mixture of propane and ethane to make downstream products and by-products.

Due to the availability of Shale gas that is imported from the US, RIL’s Dahej petrochemical facility intends to modify its feedstock ratio of ethane and propane in the gas cracker plant. This modification in feedstock mixture will lead to a higher production of ethylene.

RIL also proposed to set up new plants such as Poly Vinyl Chloride (PVC), Chlorinated Poly Vinyl Chloride (CPVC), Vinyl Chloride Monomer (VCM), and a dedicated Ethane storage tank.

Mukesh Ambani’s interview with Rajdeep Sardesai 

RIL Chairman Mukesh Ambani had a candid interview with journalist Rajdeep Sardesai. In the interview, Mr. Ambani said that if he had the enthusiasm as infectious as that of the current generation, RIL would be ten times bigger than what it is today. He praised the young generation and said that they are aspirational.

He believes that for the youth of today, nothing is impossible.  He added that young individuals strive to find problems and solve them rather than complaining, unlike his generation.

When asked about his hobbies and if quarterly results kept him occupied, Mukesh Ambani said that he does not think much about quarterly results. He is an avid reader and visual media keeps his mind focused.

Mukesh Ambani also shared that the first thing he does in the morning is praying. He loves nature and would like to take a few days off completely unconnected in nature. Recalling the old days, Mr. Ambani said that he still regularly visits Mumbai’s Cafe Mysore, which was his favorite food joint during his college days.

Summary

RIL has received a green nod for the Dahej petrochemical facility expansion project. In an interview with Rajdeep Sardesai, Mukesh Ambani praised the youth of today.

Jio Prime Members to Enjoy More Data Benefits

March 30, 2017

Reliance Jio is set to end its ‘Happy New Year’ offer on 31st March 2017 and begin charging for its services from 1st April 2017. The competitive rates announced by Reliance Jio have led to a price war in the telecom market in India. To attract more customers, the Mukesh Ambani-led company has introduced the Jio Prime offer.

Jio Prime membership 

A Jio Prime subscriber will be able to enjoy additional data benefits than a non-Prime member. Any Jio user can enroll for Prime membership before 31st March 2017 by paying a fee of INR 99. The membership will be valid from 1st April 2017 to 31st March 2018.

A Jio Prime member may then choose any of the available data plans. The prepaid plans range from INR 19 having one-day validity to INR 9999 having 360 days validity. Both prepaid and postpaid customers can enjoy the benefits of Jio Prime. However, postpaid users get an option of only 3 plans, which are priced at INR 303, INR 499, and INR 999.

To subscribe to Jio Prime membership, a customer can use apps like MyJio or JioMoney, or visit any Jio store or Jio website. The telecom operator is offering a cashback of INR 50 on the subscription through the JioMoney app.

Jio plans for Prime and non-Prime users 

A regular Jio customer will get 2.5 GB of 4G data for 28 days on a recharge of INR 303 while a Jio Prime user will get unlimited data with a daily usage cap of 1 GB at the same amount. With the INR 303 monthly plan, a Prime user could enjoy all the benefits of the Happy New Year Offer. Moreover, those who recharge before 31st March 2017 will get an additional data benefit of 5 GB worth INR 201.

The daily pack of INR 19 will offer 200 MB data to Prime members as compared to 100 MB to non-Prime users. At INR 49, Prime users will get 600 MB data while non-Prime users will get 300 MB data for three days.

The next plan is priced at INR 96. In this, Prime members will get unlimited data with a daily usage cap of 1 GB while non-Prime users will get 600 MB data for a week. As the rates increase, the data gap between Prime and non-Prime users also increases. The INR 499 plan will come with a validity of 28 days and offer 56 GB with a 2 GB daily usage limit to Prime members while the latter will get 5 GB of total data.

The highest value plan costs INR 9999. Prime users will get unlimited data for 360 days with 750 GB data at 4G speed while non-Prime users will get 200 GB 4G data for 30 days at this rate.

All of the Jio plans include benefits like unlimited local and national voice calls, no national roaming, free SMS services, and free access to Jio apps.

Summary

Mukesh Ambani led Reliance Jio Prime members can enjoy additional data benefits as compared to non-Prime users. The registration for Prime subscription ends on 31st March 2017.

Reliance Jio Collaborates with Paytm and Uber in Separate Deals

March 10, 2017

The telecom arm of Mukesh Ambani-led Reliance Industries Limited (RIL), Reliance Jio Infocomm, has joined hands with India’s leading e-wallet brand, Paytm, and with the global taxi-hiring service, Uber, for two separate deals.

Reliance Jio’s deal with Paytm

With the partnership between Reliance Jio and Paytm, Jio users will now be able to recharge their connections using Paytm wallet.

The service is currently available only for Jio’s prepaid users. The Noida-based company, Paytm, made the partnership official with an announcement on Twitter. The Founder of Paytm, Vijay Shekhar, addressed Reliance Jio and tweeted, “Hello @reliancejio, welcome!”

Besides Paytm, there are certain third-party websites that enable Jio users to recharge their connections. These include websites like RechargeItNow and MobiKwik.

Jio’s partnership with Uber

Reliance Jio has signed a deal with leading cab aggregator, Uber. The partnership will benefit customers of both the companies.

As a part of this association, Uber will enable its users to make payments for their rides using the JioMoney app, across the country. Users will enjoy exclusive incentives from both Uber and JioMoney when they pay for their rides using JioMoney. Both the companies said that the alliance will encourage cashless transactions while traveling and provide more mobility to Jio users.

Tariff plans offered by Jio

Reliance Jio will start charging its customers from 1st April 2017. The company has been offering free services since it launched in September 2016. In the first 170 days of its launch, the telecom operator received 100 million customers.

In a press conference held last month, Reliance Jio Chairman, Mukesh Ambani announced new Prime membership plans for users. The Prime subscription costs INR 99 and will be valid from 1st April 2017 to 31st March 2018. The registration for the same is open until the end of March 2017.

Under the Prime membership, Jio will be offering a number of affordable plans. Jio users will be able to extend their ‘Happy New Year’ offer at just INR 303 per month. With this, users could enjoy free unlimited data with a daily usage cap of 1 GB, free national and local voice calls, free national SMS services, free national roaming, and free access to Jio apps like JioXpressNews, JioMags, JioMusic, JioCinema, JioTV, JioChat, and JioCloud, among others.

Reliance Jio has a variety of data packs available at different rates. The packs start from INR 19 with a validity of 1 day and end at INR 9999 that is available with a validity of 360 days.

Apart from these plans, Mukesh Ambani promised that Jio will match the best-selling tariff plans of other telecom operators and provide 20 percent extra data over them. He also said that the company will announce several attractive offers for Jio Prime members.

Summary

Reliance Jio has partnered with Paytm to enable Jio users to recharge their connections using the latter’s e-wallet app. It has also partnered with Uber to enable JioMoney users to pay for their Uber rides.