Jio Platforms to absorb majority‑owned edtech Embibe into its portfolio

Jio Platforms Limited (JPL)—the wholly-owned technology arm of Reliance Industries Limited (RIL), India’s largest private‑sector company—is set to fully bring edtech firm Embibe, where it already holds a majority stake, under its fold.

“After 13 years since founding Embibe—and six years of building the right foundation to execute a bold, Jio-scale vision—I’m proud to share that we’ve officially graduated,” Aditi Avasthi, Founder and CEO of Embibe, wrote in a LinkedIn post.

“Embibe is merging into its parent—India’s largest distribution platform, with a phenomenal team from Embibe transitioning into this next chapter,” Avasthi added, as she shared more information about Jio Embibe’s mission—delivering deeply personalised, outcome-driven learning at national scale—that now has the firepower to reach every corner of the country.

Mint was the first to report this development.

YourStory has reached out to Jio Platforms Limited and Aditi Avasthi with queries.

RIL announced its acquisition of a majority stake in Embibe (Indiavidual Learning Pvt Ltd) in 2018, committing up to $180 million over three years for a 72.69% shareholding.

“We are delighted to announce this partnership with Embibe, and believe that their highly experienced management team will be instrumental in enabling Reliance to realize its vision for the education sector, and strengthening Jio’s leadership position as a digital technology company,” Akash Ambani, Chairman of Reliance Jio, had commented on the Embibe deal at the time of its announcement.

Founded in 2012, the Bengaluru-based startup leverages data analytics to deliver personalised learning outcomes for students across segments such as K–12. It has raised funding from investors including Lightbox, Kalaari Capital, and East River Partners.

“To our investors—thank you for backing substance over spectacle, and for believing in the power of building, patiently and precisely. And thank you for taking care of our people in this phase,” Avasthi wrote in her post, adding, “To my darling team, I wish you all the best to scale this further…”

While Avasthi’s LinkedIn post provided limited details about the merger with JPL, the Mint report noted that Embibe will become part of Jio and continue as an edtech firm, with Jio currently conducting due diligence related to the merger.

Embibe had about 380 employees remaining at the time of the merger, with some set to be absorbed by Jio and others potentially laid off, the report added.

India’s edtech industry has moved from pandemic‑fueled hypergrowth to a more sober phase—characterised by funding contraction, operational recalibration, and a laser focus on sustainable, profitable models.