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Isha Ambani and Akash Ambani launches a Rs 0 JioPhone on their debut before shareholders at RIL AGM

Isha Ambani and Akash Ambani launches a Rs 0 JioPhone on their debut before shareholders at RIL AGM
Written by Shubham Jain

This year, the Annual General Meeting (AGM) of Reliance Industries Limited (RIL) have always been a special day for investors of the company as they eagerly wait to hear the future plans of the company by the Chairman itself. But this time the AGM witnessed something which had never happened before when the Chairman of RIL Mukesh Ambani invited his two Children Isha Ambani and Akash Ambani to the dais to launch the much-awaited JioPhoe which supports 22 Indian Languages. The sister-brother duo demonstrated features of JioPhone.

The 25-year-olds are twins born on October 23, 1991. Isha is a Graduated in double majors in Psychology and South Asian Studies from Yale University. She has also been a Business Analyst at McKinsey and Company in New York. And now she is a director on the board of Reliance Retail Ventures and Reliance Jio Infocomm.

While Akash Ambani is a graduate of Brown University of United States of America in Economics and he is also a director on the board of Reliance Retail Ventures and Reliance Jio Infocomm like his sister.

At the 40th Annual General Meeting of RIL, Mukesh Ambani said that “JioPhone will be available to all Indians for the price of Rs zero”. The phone will be available from Jio Infocomm, a fully-owned subsidiary of RIL. To protect against misuse, customers have to pay a fully refundable Rs 1,500 security deposit while taking a JioPhone.

He further added that the launch of JioPhones will reinvent conventional feature phones with a revolutionary device which is made in India, by the Young Indians, and for all the Indian.

About the author

Shubham Jain