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RIL AGM 2020: In its latest offerings, Reliance announces JioTV+ and Jio Glass

Reliance announced Jio Glass during 43rd AGM meet on Wednesday.

July 16, 2020 / 05:37 AM IST

India’s most-valued private company Reliance Industries (RIL) during its 43rd Annual General Meeting announced JioTV+.  The company also announced Jio Glass. Mukesh Ambani's oil-telecom-to-retail major recently crossed Rs 12 lakh crore in market capitalisation, becoming the first listed Indian entity to achieve the milestone.

Jio TV+ will curate OTT platforms such as Netflix, Amazon Prime Video and Hotstar, among others, into one app. It will be voice-search enabled.

Reliance Industries also announced Jio Glass -- a new mixed reality headset, will enable holographic video calling. JioGlass weighs only 75 grams, offers best in class, immersive mixed reality services. Jio Glass can use 3D avatars to make interactions better in the virtual world. The company will also allow designed discussions by sharing 3D holograms.

Track all the updates on RIL AGM by following our LIVE blog here

Jio Glass will connect to the internet via a cable. The Glass already has 25 apps that allow augmented reality video meetings and more, the company announced on Wednesday.

Jio Glass comes, which weighs 75 gram, comes with a cable that can be attached to the phone and connected to the internet.

In addition to that, the company also confirmed Google investment during the AGM. Google will invest Rs 33,737 crore for a 7.8 percent stake in Jio Platforms Limited, becoming the latest A-list investor in the digital unit of Reliance Industries (RIL).

The deal with Jio, which runs the telecom enterprise Jio Infocomm, India’s biggest, as well as movie, news and music apps, is not just a financial but also a strategic investment by the internet giant. Google has joined Facebook Inc, Intel Corp and Qualcomm as strategic partners in Jio.

Follow all of our coverage on RIL's 43rd annual general meeting here.


Also read- RIL 43rd AGM: Reliance Jio and Google partner to build an affordable Android-based 5G smartphone for India
- RIL 43rd AGM: Google will invest Rs 33,737 crore for 7.7% in Jio Platforms
- RIL AGM: Nearly half of Google's India Digitisation Fund to go into Jio
- RIL 43rd AGM: Jio develops made-In-India 5G solution
- RIL AGM key highlights: Mukesh Ambani announces Google deal; Jio readies 5G solution
- RIL AGM: Capital raise complete, now only look to add strategic partners, says Chairman Mukesh Ambani
- RIL AGM 2020: In its latest offerings, Reliance announces JioTV+ and Jio Glass
- RIL AGM: Reliance launches Jio Glass for best-in-class mixed reality experience
- RIL 43rd AGM: Saudi Aramco deal has not progressed as per earlier timeline: Mukesh Ambani
- RIL AGM: JioMart successfully piloted, will expand beyond groceries
- RIL AGM: Will induct global partners into Reliance Retail, says Mukesh Ambani
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- RIL AGM: No better partner for Indian startups than Jio, says Chairman Mukesh Ambani
- RIL AGM: Isha Ambani says JioMeet, Embibe helping students get access to quality education online
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Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

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first published: Jul 15, 2020 02:39 pm