Jio to Digitally Transform 50 million Micro, Small & Medium businesses (MSMB) in India

‘JIO BUSINESS’ TO EMPOWER MSMBs WITH INTEGRATED FIBER CONNECTIVITY & DIGITAL SOLUTIONS

• CONNECTIVITY AT ONE-TENTH THE EXISTING PRICE IN THE MARKET
• COLLABORATION WITH PARTNERS TO OFFER EASY-TO-USE, ENTERPRISE-GRADE, DIGITAL SOLUTIONS AT NO ADDITIONAL COST

Mumbai, 9th March 2021: JioBusiness has introduced an integrated offering for micro, small and medium businesses, founded on three key pillars:

1. Enterprise-Grade Fiber Connectivity that offers voice and data services
2. Digital Solutions that help enterprises manage and grow their business
3. Devices that enable leading digital solutions for MSMBs

Speaking at this announcement, Mr Akash Ambani, Director, Jio commented,
“Micro, small and medium businesses are the bedrock of the Indian economy. In the absence of an integrated digital service offering and the knowhow to adopt advanced enterprise offerings, they are unable to leverage the power of digital technologies to run their businesses efficiently.

Now, JioBusiness will bridge this gap by providing integrated Enterprise-grade voice
and data services, Digital Solutions and Devices, to small businesses. These easy-to-use solutions will help them run their business efficiently and compete with larger
enterprises.

Currently, a micro and small business spend between 15,000 to 20,000 per month
towards connectivity, productivity and automation tools. Today, we are taking the first
step towards empowering small businesses by giving these solutions, along with our connectivity, for less than 1/10th the cost, starting below one thousand rupees per
month.

With this step, I am certain that millions of micro, small and medium enterprises will propel towards prosperity and march towards creating a NEW ATMA-NIRBHAR DIGITAL INDIA.”

KEY ELEMENTS OF JIO BUSINESS VALUE PROPOSITION

1. Enhance customer experience: Better engagement across the customer lifecycle
2. Take business online and increase revenue: Make the business discoverable
   online
3. Run operations 24*7: Manage employees, customer and business anytime,
   anywhere
4. Increase business efficiency: Leverage Digital solutions to scale operations
5. Reduce costs: Drive productivity through digital solutions