Amid growing calls for 'Made in India' digital tools, Reliance Jio has launched a free video-conferencing application called JioMeet, taking on US-based Zoom platform.
According to the JioMeet description on Google Play Store, the application can be used for 1:1 video calls and hosting meetings with up to 100 participants with enterprise-grade host controls.
Other highlights include easy sign up with either mobile number or email ID, meeting in HD audio and video quality.
The application can be used for creating instant meetings to chat with friends and also to schedule a meeting in advance and share meeting details with invitees.
JioMeet offers unlimited meetings per day and each meeting can go uninterrupted up to 24 hours.
The application can be used on Android, Windows, iOS, Mac, SIP/H.323 systems.
JioMeet has already been downloaded over 10,000 times from Google Play Store.
Each meeting is password protected and the host can enable a "Waiting Room" to ensure no participant joins without permission, JioMeet said.
Reliance Industries Limited (RIL) and Jio Platforms Limited on Friday announced that Intel Capital will invest Rs 1,894.50 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.
Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis.
Intel Capital joins the list of marquee firms who have recently invested in Jio Platforms, taking the total investment amount to Rs 1.17 lakh crore.
Jio Platforms, a wholly-owned subsidiary of Reliance Industries, is a next-generation technology platform focused on providing high-quality and affordable digital services across India, with more than 388 million subscribers.