# Reliance Ventures

Reliance Ventures is a Venture Capital based in Mumbai, India.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, India
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** ril.com
- **LinkedIn:** https://www.linkedin.com/company/reliance

## Regulatory record

- **Reports private funds:** No

## About

Reliance Ventures Limited was incorporated in 1999 as a wholly owned subsidiary of Reliance Industries Limited (RIL), the Fortune 500 conglomerate led by Mukesh Ambani. The entity was established to house manufacturing activities in metals, chemicals, fertilizers, and nitrogen compounds, extending RIL's industrial footprint. Its governance sits with RIL veterans: Srikanth Venkatachari, RIL's CFO, and Jagannatha Kumar, CEO of Reliance Foundation, both serve as directors alongside Ambani. The vehicle's investment posture skews heavily toward physical and operational assets rather than traditional financial portfolio management. Confirmed holdings include a stake in the Brookfield India Real Estate Trust, a commercial property vehicle, a mixed-use fund, participation in the Model Economic Township (MET) project in Jhajjar, Haryana and a large-scale industrial development. Additional balance-sheet assets include cash and equivalents held in Mumbai. The firm does not disclose AUM or a dedicated deployment target, operating instead as a captive balance-sheet vehicle for select corporate initiatives. Reliance Ventures functions as a narrow asset-holding entity, not a diversified fund manager. The parent RIL directly operates India's largest retail chain, the Jio digital services platform, and a new energy division targeting net-zero carbon by 2035, but these are held outside the Reliance Ventures structure. Reliance Foundation, the group's philanthropic arm, reports reaching approximately 86 million people, though Reliance Ventures' ties to specific programmatic allocations remain undocumented. Structurally, Reliance Ventures differs from most corporate venture arms: it focuses on hard asset development and manufacturing stakes rather than minority positions in external startups. Its portfolio is a direct expression of RIL's industrial adjacency strategy, where capital supports projects that extend the parent's operational ecosystem into industrial parks, real estate, and the metals complex.

## Sectors

- Energy Transition & Renewables
- Real Estate
- Industrial Tech
- Media & Entertainment
- FinTech

## People

- Mukesh Ambani — Chairman and Managing Director, Reliance Industries Limited
- Srikanth Venkatachari — Director, Reliance Ventures Limited; CFO, Reliance Industries Limited
- Jagannatha Kumar — Director, Reliance Ventures Limited; CEO, Reliance Foundation

## Questions

### How is Reliance Ventures related to Reliance Industries Limited?

Reliance Ventures Limited is a 100% subsidiary of Reliance Industries Limited, the Indian conglomerate. It was established to hold manufacturing activities and certain investment positions, separate from RIL's main operating divisions. Its board includes RIL's CFO and the CEO of Reliance Foundation, alongside Mukesh Ambani.

### Does Reliance Ventures manage outside capital?

No. Reliance Ventures does not solicit or manage third-party capital. It functions as a wholly owned subsidiary of Reliance Industries Limited, deploying the parent corporation's balance sheet for select strategic and manufacturing-related investments.

## Related profiles

- [Reliance Retail Ventures](https://altss.com/profile/reliance-retail-ventures-limited)
- [Reliant Investment Management](https://altss.com/profile/reliant-investment-management)

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Last updated: 2026-06-03T20:00:00.000Z

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