Reliance Enters The Metaverse, First Indian Company in Virtual World

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Reliance Enters The Metaverse, First Indian Company in Virtual World
27 Oct 2022
5 min read

News Synopsis

Reliance Enters The Metaverse: Users stopped visiting Mark Zuckerberg's Metaverse Horizon Worlds after the first month, and the meta is now being trolling, giving the project a failure-like appearance. However, well-known companies like Nike and Gucci are luring customers into their individual metaverses. Reliance Industries, however, has joined the metaverse by starting earnings call posts from the virtual world to interact with shareholders more.

The usage of Metaverse by a firm to communicate with its stakeholders is a first in the history of corporate India. In collaboration with GMetri, a no-code Metaverse construction platform, RIL Metaverse was created. You can access it without using an AR or VR headset.

A no-code Metaverse developer named GMetri collaborated with Mukesh Ambani's company to develop a virtual announcement portal that its stakeholders may access from any device. The group's joint CFO and others appear in the Metaverse to provide an hour of commentary on the results, while those usually involved in such sessions can watch it without wearing a VR headset. Analysts and stock buyers themselves can also view the slides kept in Metaverse and get quotes from Mukesh Ambani himself beside the analysts available in PDF format.

TWN Special