JioGenNext
Profile, fund size and portfolio
Parent Reliance Industries LimitedHQ Navi Mumbai, IndiaFounded 2014
JioGenNext is the corporate venture arm of Reliance Industries Limited (energy, retail and digital services conglomerate). It was founded in 2014 and is based in Navi Mumbai, India. It invests from Seed to Series A in enterprise Ops and SaaS, AI and ML, finTech.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Series A |
| Sectors | Enterprise Ops and SaaS, AI and ML, FinTech, HealthTech, Logistics and supply chain, Media and content |
| Geography | India; startups outside India may apply if they target the Indian market, India, Israel, UK and Silicon Valley |
| Offices | Navi Mumbai (Ghansoli), India |
Sources: S3 JioGenNext FAQ (equity-free, zero-fee).
Data behind this graphic
| Item | Companies | Share |
|---|---|---|
| Active | 161 | 80.9% |
| Exited | 38 | 19.1% |
Status as the firm tags it
Sources: S2 JioGenNext startup directory feed (umbraco/api/StartupsApi/GetAllStartups, 247 records) behind the Playbook page.
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | INR 50bn | Commitment by parent | Stated by the firm or its parent | S8 |
| Companies backed | 247 | companies | Stated by the firm | S2 |
| Companies on the firm's portfolio page | 247 | companies | Counted from the firm's own list | S2 |
Sources: S8 Hindu BusinessLine: Reliance to set up INR 5,000-cr venture fund for start-ups (2016-09-01); S2 JioGenNext startup directory feed (umbraco/api/StartupsApi/GetAllStartups, 247 records) behind the Playbook page.
Where it invests and who leads it
Geography
- Headquarters
- Navi Mumbai, India
- Offices
- Navi Mumbai (Ghansoli), India
Investment regionsS3
- India; startups outside India may apply if they target the Indian market
- India, Israel, UK and Silicon Valley
LeadersS9S1S12
- Amey MashelkarHead, JioGenNextLinkedInFirm page
- Manoj ModiReliance Industries executive quoted on the JioGenNext home pageFind on LinkedInFirm page
- R. A. MashelkarChairman, Reliance Innovation Council (home page quote); chairman of GenNext Ventures 2014 to 2016 (earlier profile)Find on LinkedInFirm page
- Vivek Rai GuptaManaging partner, GenNext Ventures (2016)Find on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Reliance Industries Limited | Single source | S6 |
| Parent industry | Energy, retail and digital services conglomerate | Single source | S6 |
| Founded | 2014 | Reported by Microsoft India: GenNext Ventures | S10 |
| Headquarters | Navi Mumbai, India | Reported by Innovation Is Everywhere: GenNext Innovation Hub case study (2016-02-11) | S12 |
| Status | Active | Single source | S6 |
| Capital source | Parent company only | Single source | S8 |
| Headline size | INR 50bn (Commitment by parent) | Single source | S8 |
| Companies backed | 247 | Single source | S2 |
| Stages | Seed, Series A | Single source | S3 |
Portfolio
The firm's portfolio page lists 247 companies: 38 exited, 161 active.S2
| Tag | Companies | Share |
|---|---|---|
| Exited | 38 | 15.4% |
| Active | 161 | 65.2% |
Every company on the JioGenNext list
247 companies, as listed on the firm's own website: 161 active, 48 listed, 38 exited.S2 Read the firm's list.
Active 161
- 169Pi
- 30M Genomics
- Aarca Research
- Aerchain
- AIkenist
- Anuvadini
- Arficus
- Atom360
- AuraML
- AuthBase
- Avaz Free Speech
- Aviara Labs
- Ayasta
- beatoven.ai
- Bharat Agri
- BiCXO
- Big Haat
- Bigthinx
- BingeClip AI
- Bodhi Health Education
- BugRaid.AI
- BuyHatke
- CamCom
- Clinikk
- Clootrack
- Cloud Jiffy
- CloudHedge
- CloudTV
- Coitor
- ContractKen
- COSGrid
- Cuebo
- Datacultr
- Devnagri
- Dilaton Technologies
- Dista AI
- Dozee
- Drona Maps
- E42.ai
- Easebuzz
- Ecozen Solutions
- EdgeNeural AI
- ELoan
- Embright InfoTech
- Enhance
- eShipz.com
- Esthenos
- Expertia AI
- Farmonaut
- Fibe
- FingPay
- FirstHive
- Fiticket
- Floworks
- FlytBase
- Freightify
- Frinks.AI
- Froots Technologies
- FRS Labs
- GenVR
- GeoIQ
- Gmetri XR
- Go4Fresh
- GridSentry
- Gumlet
- Happy Adda
- Health Vectors
- Helium
- HyrGPT
- iBoson Innovations
- iMocha
- Indonis
- Intello Labs
- Intellosync
- Janitri
- jhana.ai
- Kissan AI
- Krishi Tantra
- Kritsnam
- Lavelle Networks
- Legal Desk
- Legistify
- Logic Ladder
- LogiNext
- Megdap
- Meraqui
- Miraquill
- Mobiotics
- Navana
- Neophyte
- Nirog Gyan
- Niti.ai
- Nutspace
- NymbleUp
- OnFinance AI
- OnGrid
- Ottonomy
- Oztern
- PadCare Labs
- ParallelDots
- PGI
- Phot.AI
- Pickcel
- Plutomen
- Proximal Soilsens Technologies
- Pulse
- Quanfluence
- Qzense Labs
- Rapidor
- Rasen
- Raven
- RecordBook
- Redwing Labs
- Resilience AI
- RevRag AI
- Rubick.ai
- Salcit Technologies
- Sanrachna Prahari
- Sapien Robotics
- Sarthhak AI
- SaveMom
- ShelfRadar
- Shoppre.com
- Shunya Labs
- Signzy
- Skyware Automation
- Slang Labs
- Smallest.ai
- Smart Coin
- SquadStack
- Storefox.ai
- Tagalys
- Taskmonk
- TechAtPlay
- TheNoah.ai
- ThingsUp
- Thinkerbell Labs
- Tiger.do
- Tranzmeo
- Tvasta
- Unscript AI
- Uptime AI
- Userology
- Vadoo
- Vicara
- Vidcare Innovations
- VoiceOwl AI
- VTION
- Wakaw.live/ Airflash Retail
- we360.ai
- WearBerry
- Weekday
- WIMWIsure
- Xaults
- YelloSkye
- Yethi Consulting
- ZedBee Technologies
- Zedblox
- Zimyo
- Zoapi
- Zolnoi
Listed 48
- Agri10x
- Akasa Labs
- Amie
- Axlerate
- Bharat Rides
- CartUpAI
- Codemojo
- Curefy
- Eatabl
- Efficient Bazar
- Energimate
- FarmInfinity
- Fingage
- Happy 2 Refer
- Haqien
- Headlight
- HiPER Automotive
- InteliTaap
- Leado
- Logisure
- Loktra
- Mad Guy Labs
- Microchip Payments Private Limited
- Mocioun
- Mozzo
- NeuroPixel AI
- Niki.ai
- Ohai
- Origgon
- PayEasy
- Payments 2.0
- Payzello
- Pensieve
- Pingal
- PiOctave
- Piron
- Playfiks
- Plowns
- Puzzelo
- Snippt
- Spider G
- TBS Planet
- Unitary Technologies
- VDeliver
- Wellth
- Widely
- WLockers
- Yo Ride
Exited 38
- 1Mobility
- AiKaan
- Algo Engines
- Apiria
- Benow
- Big Phi Technologies
- Buzzo.ai
- CabDost
- Call Ambulance
- CarIQ
- Cloud NBFC
- Credit Seva
- Dattus
- Doctors' circle
- DoSelect
- DSYH
- Dubverse
- Enguru
- Fabulyst
- Fieldomobify
- Fropcorn
- GenStaq.ai
- GUVI
- Headspin
- Jiny
- Linear Squared
- Minko
- Noroc
- Orbo.ai
- Patch
- Recipe Book
- Right Bot
- Sqrrl
- Swipez
- Tap Cube Studios
- Utter
- Vitra AI
- Wigzo
Notable outcomes
IPOs and acquisitions of portfolio companies. Price shown only where published.
| Company | Type | Year | Acquirer or exchange | Price | Source |
|---|---|---|---|---|---|
| CarIQ | Acquisition | 2014 | Varroc Engineering | S2 | |
| Fropcorn | Acquisition | 2014 | S2 | ||
| Algo Engines | Acquisition | 2015 | S2 | ||
| Credit Seva | Acquisition | 2015 | AsiaCollect | S2 | |
| Fieldomobify | Acquisition | 2015 | S2 | ||
| Noroc | Acquisition | 2015 | S2 | ||
| 1Mobility | Acquisition | 2016 | Qualys | S2 | |
| Benow | Acquisition | 2016 | Mosambee | S2 | |
| DSYH | Acquisition | 2016 | Viniculum | S2 | |
| Dattus | Acquisition | 2016 | Plex Systems | S2 | |
| Doctors' circle | Acquisition | 2016 | S2 | ||
| Enguru | Acquisition | 2016 | Open English | S2 | |
| Headspin | Acquisition | 2016 | PartnerOne | S2 | |
| Recipe Book | Acquisition | 2016 | BigBasket | S2 | |
| Sqrrl | Acquisition | 2016 | CASHe | S2 |
For founders
Fund vehicles
| Vehicle | Size | Year | Note | Source |
|---|---|---|---|---|
| Reliance Jio Digital India Startup Fund (announced) | INR 50bn | 2016 | INR 5,000 crore over five years; announced, deployment not evidenced | S8 |
| Reliance Strategic Business Ventures Limited (holding vehicle) | Not published | 2020 | FY2019-20 accounts: 100M equity shares allotted to Reliance Industries; unquoted investments of about INR 9,939 crore at 2020-03-31; not a fund size | S14 |
Recent rounds
History
- GenNext Ventures and Microsoft announce GenNext Hubs (2014-09-05); first batch of 11 startups.S10
- Reliance chairman announces INR 5,000 crore startup fund at the AGM (2016-09-01).S8
- JioGenNext repositioned as a Market Access Programme (Moneycontrol, 2022-02-17).S9
- MAP 2026 cohort of 20 startups in the directory.S2
Where sources disagree
- Companies backed: 247 records in directory feed (2026-10-02) (S2) vs 170 startups nurtured, collectively raised INR 2,600 crore (Moneycontrol 2022-02-17) (S9). Participant counts grow with cohorts; none of these are equity investments.S2S9
- Exits: 38 labelled Acquired in the directory (2026-10-02) (S2) vs 21 startups acquired (Moneycontrol, 2022-02-17) (S9). Different dates.S2S9
Official pages
Read the firm's own pages for current information.
- Website www.jiogennext.com/
- Portfolio www.jiogennext.com/playbook
- LinkedIn company page www.linkedin.com/company/jio-gennext/
Sources
- S1JioGenNext home pageFirm
- S2JioGenNext startup directory feed (umbraco/api/StartupsApi/GetAllStartups, 247 records) behind the Playbook pageFirm
- S3JioGenNext FAQ (equity-free, zero-fee)Firm
- S4JioGenNext Business Leaders page (feed BusinessLeadersApi, 28 entries)Firm
- S5JioGenNext Mentors page (feed MentorsApi, 41 entries)Firm
- S6Reliance Industries: JioGenNext pageParent company
- S7Reliance Annual Report 2015-16: GenNext Hub and GenNext Ventures FundFiling
- S8Hindu BusinessLine: Reliance to set up INR 5,000-cr venture fund for start-ups (2016-09-01)Press
- S9Moneycontrol: We've repositioned JioGenNext as a market access programme, Amey Mashelkar (2022-02-17)Press
- S10Microsoft India: GenNext Ventures, Microsoft partner to launch hubs (2014-09-05)Third-party report
- S11ETTelecom: Reliance Industries and Jio acquisition of stakes in tech startups (2023-06-25)Press
- S12Innovation Is Everywhere: GenNext Innovation Hub case study (2016-02-11)Third-party report
- S13Search result listing Amey Mashelkar LinkedIn profile (Head, JioGenNext)Third-party report
- S14Reliance Strategic Business Ventures Limited FY2019-20 financial statements (PDF)Filing
- S15Reliance Integrated Annual Report 2022-23: startup ecosystem pageFiling
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by JioGenNext or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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