Reliance Industry LimitedтАЩs (RIL) technology wing Jio Platforms and e-learning startup ByjuтАЩs have made it to the TIME Magazine’s first-ever list ‘TIME 100 Most Influential Companies’, which is an expansion of the TIME100 franchise.
- Jio Platforms was listed under the Innovation category and listed for тАЬleading digital transformationтАЭ in India.
- Byju’s was listed under the Disruptors category.
The list considered companies across various sectors including
- Health care
- Entertainment
- Transportation
- Technology and more.
The key factors considered for evaluation are,
- Relevance
- Impact
- Innovation
- Leadership
- Ambition
Jio Platforms
i.Jio Platforms was listed under the Innovation category alongside Zoom, Adidas, TikTok, Ikea, Moderna and Netflix.
ii.Jio Platform is working with Facebook to develop a WhatsApp-based e-commerce platform, and Google to roll out low-cost 5G smartphones.
iii.The magazine has listed Jio Platform for тАЬleading digital transformationтАЭ in India.
ByjuтАЩs:
i.Byju’s was listed under the Disruptors category alongside Tesla, Huawei, Shopify, Airbnb and DiDi Chuxing.
ii.ByjuтАЩs has also created┬а markets outside India including the US, UK, Indonesia, Mexico and Brazil.
iii.In India, as a part of its expansion ByjuтАЩs acquired Aakash Educational Services, a leading test-prep school, for almost $1 billion.
iv.The Byju’s has acquired WhiteHat Jr, an app that teaches kids to code.It also acquired educational-game maker Osmo in 2019 .
About Jio Platforms:
Establishment:2019
Parent Company:Reliance Industries
Founder: Mukesh Ambani
Headquarters:Mumbai,Maharashtra
About Byjus:
Establishment:2011
Founder:Byju Raveendran
Headquarters:Bangalore,Karnataka
