JioMart Express
Founders
Mukesh Ambani, Isha Ambani · Founded 2022 · HQ today: Navi Mumbai, Maharashtra, India
JioMart Express was founded by Mukesh Ambani, Isha Ambani in 2022. It is now led by Isha Ambani.
In January 2022, Reliance Retail led a $240 million funding round in Bengaluru delivery startup Dunzo and took a 25.8% stake for about $200 million. Two months later it launched JioMart Express in Navi Mumbai. The app promised grocery delivery within about 90 minutes from nearby Reliance stores. By February 2023 the app had disappeared from the Google Play Store and its website was inactive.
Chemical engineering graduate of the Institute of Chemical Technology, Mumbai; joined Reliance in 1981.
Mukesh Ambani is chairman and managing director of Reliance Industries, the parent of Reliance Retail. JioMart Express was launched by Reliance Retail under his group's retail strategy, which also covers JioMart, Smart Bazaar and the Dunzo investment.
Yale University graduate with a Stanford MBA; previously worked at McKinsey & Company.
Isha Ambani leads Reliance Retail Ventures as executive director and sits on the Reliance Industries board as a non-executive director. She presented Reliance Retail's FY26 results and JioMart quick-commerce numbers at the 2026 AGM.
Isha Ambani
Executive Director, Reliance Retail Ventures
As Director of Reliance Retail, she oversees the rapid iteration and frequent pivots of the company's various digital and e-commerce strategies.
Dinesh Taluja
Chief Financial Officer, Reliance Retail
As CFO, he aggressively enforces financial discipline across Reliance Retail's massive portfolio, quickly killing highly unprofitable pilot programs.
Mukesh Ambani
Chairman & Managing Director, Reliance Industries
As Chairman of Reliance, he ruthlessly redirected capital away from unprofitable hyper-local delivery experiments back to the core, highly profitable JioMart grocery business.
Reliance Retail Ventures, part of Mukesh Ambani's Reliance Industries, launched it in 2022. Isha Ambani leads Reliance Retail.
Executive director of Reliance Retail Ventures and a non-executive director of Reliance Industries.
It was created internally by Mukesh Ambani's Reliance Retail. It serves as a highly fascinating case study in corporate strategy: even the absolute largest, most heavily funded conglomerate in India could not easily buy its way into the incredibly brutal, operationally complex "quick commerce" sector dominated by hyper-focused, venture-backed founders.
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