INSUBCONTINENT EXCLUSIVE:
Meta holds an equity stake in Mukesh Ambani-led Jio Platforms.Reliance Jio subscribers will soon be able to recharge their phone and make
payments through WhatsApp, Akash Ambani, Director and Head of Strategy at Jio Platforms, said on Wednesday.In a conversation at Meta's
second edition of 'Fuel For India Event', Ambani said: "As Jio and Meta teams work closely, we are opening more and more avenues of working
One such avenue is Jio on WhatsApp, which is simplifying the entire prepaid recharge.""This will bring consumers convenience like they've
There is no better way to demonstrate how we are going to transform the experience for our consumers than to show you what I mean
Let us walk through the life of a Jio consumer on WhatsApp," he added
This feature is expected to be rolled out in 2022.WhatsApp is a part of Mark Zuckerberg-led Meta, formerly Facebook Inc
Meta holds an equity stake in Mukesh Ambani-led Jio Platforms.Marne Levine, Chief Business Officer, Meta, said India is rapidly becoming a
global hub for innovation, leading the way and setting an example for so many other countries to follow - especially in a post pandemic
world."There's so much exciting transformation happening in India right now, and we're grateful to be partnering so closely with you and
Jio.Like you, we believe we're at an inflection point in India's growth, and I can't help but be inspired about the potential that lies
ahead to help more businesses grow, and to create greater social and economic opportunity across the country," Levine said while moderating
a conversation in which Akash Ambani and his sister Isha Ambani, Director at Reliance Retail and Jio Platforms, participated."Today, more
than 700 million people in India now have access to the Internet -- and that access is fueling the creation of innovative new enterprises,
and connecting people in all-new ways," Levine added.According to Isha Ambani, Jio and Meta would collaborate to develop very specific
digital-commerce solutions."We're glad that through the power of our partnership we could decide to quickly leverage the strength of the
WhatsApp platform that provides access to over 400 million people.With an equal number of Jio subscribers it seemed like a natural
progression for us to be able to support these businesses not only through a digital connection with their customers online, but also to
quickly develop and build very specific digital-commerce solutions," Isha Ambani said.
