Jio Platforms Ltd. (JPL) a multinational technology company and a subsidiary of Reliance Industries Limited, has entered a strategic partnership with Polygon Labs, the developer arm of Polygon Protocols for its Web3 and blockchain debut in India. The partnership would aim to add Web3 capabilities to some of the existing applications and services owned and operated by JPL by leveraging Polygon’s cutting edge blockchain solutions to create innovative Web3 services for Jio’s existing 450+ million customers.

"Joining forces with Polygon Labs marks a significant milestone in Jio's journey towards digital excellence. We are excited to explore the boundless possibilities of Web3 and bring unparalleled digital experiences to our users, said Kiran Thomas, CEO, JPL"

Polygon's founder Sandeep Nailwal expressed enthusiasm about the partnership, stating, "This is a significant step forward for web3 adoption in India. We look forward to working with Jio as they introduce Web3 to their millions of customers."