iWorld
Reliance Jio makes a punt on tech start-ups
MUMBAI: After closing Saavn and Embibe deals, Reliance Jio, according to a report published by The Economic Times, is now looking to acquire Indian start-ups in the technology ecosystem.
In a bid to take on its competition, Reliance Jio is now looking to invest more to create a comprehensive ecosystem of digital products and services around its core telecom service.
To add more relevant entertainment and education content to its Jio platform, the company is looking to invest in or acquire start-ups operating in the content, healthcare, education technology, financial technology and transportation segments. It might also look at Jio aligning with product technology ventures, particularly those operating in artificial intelligence (AI) and machine learning (ML).
In April, Reliance Jio Music and Saavn leveraged their synergies to jointly strengthen their foothold in the Indian music streaming market. The combined value of the companies has been pegged at $1 billion, out of which Jio Music’s implied valuation is $670 million leaving Saavn at a valuation of $330 million. With this, Reliance also acquired a partial stake in Saavn from its existing shareholders for $104 million.
Also, soon after this, Reliance Industries Ltd (RIL) agreed to invest over $180 Mn into AI-based education platform, Embibe over the next three years. This will put RIL in a position to buy out around 72.69% stake from Embibe’s existing investors including Lightbox and Kalaari Capital.
Leading Jio’s charge into the start-up ecosystem is Akash Ambani, the 27-year-old Brown University-educated older son of Mukesh Ambani. Akash Ambani, chief of strategy at the company, is believed to be deeply involved in the negotiations.
Also Read :
Jio Music, Saavn to merge; RIL to invest $100 mn in combined entity
Jio shifts focus to wired broadband
iWorld
SEBI flags 1.33 lakh misleading finfluencer posts in 2026
Ministry tells Parliament no AI tracking yet; focus on transparency rules.
MUMBAI: SEBI just dropped a six-figure wake-up call on finfluencers because when 1.33 lakh posts are too good to be true, even the market regulator has to hit mute. The Ministry of Finance informed Parliament that the Securities and Exchange Board of India (SEBI) has escalated 1,33,000 misleading or manipulative social media posts related to securities to platform providers as of February 2026. The disclosure came in response to questions from MPs Vijay Vasanth and Suresh Kumar Shetka on the growing misuse of social media by unregistered financial influencers.
SEBI is not currently using artificial intelligence tools to monitor such content, the ministry clarified. Instead, it has mandated regulated entities and their agents to prominently display their registration name and number on social media profiles and in all securities-related content, helping investors verify authenticity and distinguish genuine advice from unregistered sources.
The ministry confirmed it does not maintain data on financial losses suffered by investors due to impersonation of registered entities. Grievances can be lodged and tracked via SEBI’s SCORES platform.
SEBI continues to coordinate with social media platforms to address risks from unregistered finfluencers. Violating content is escalated for removal, and enforcement action follows under the regulatory framework.
Earlier, SEBI Chairman Tuhin Kanta Pandey told ANI that the regulator had removed more than 1.2 lakh such posts after identifying “egregious behaviour violating our norms.” He emphasised that sharing financial education is permissible, but misleading investors triggers swift intervention.
In an era where one viral tip can move markets and empty wallets, SEBI isn’t just watching the feed, it’s reminding everyone that when it comes to money advice online, unregistered doesn’t mean unregulated, and a like isn’t the same as due diligence.
