Key Points
- Jainam and Jivika own the JioHotstar.com domain, which they bought to help a developer with his MBA.
- They originally refused to sell, but after media interest grew, they received serious offers.
- Now, they are offering the domain to Reliance for free, with no external influence involved.
- The siblings are focusing on their charity project, SevakArmy.com, to bring together volunteers worldwide.
Looma News
Jainam and Jivika, two young philanthropists from Dubai, have decided to give the JioHotstar.com domain to Reliance for free. They bought the domain from a Delhi-based developer who initially wanted to sell it to Reliance for ₹1 cr, but the offer was turned down. The developer then listed it elsewhere, and Jainam and Jivika purchased it to support his MBA goals.
The domain quickly grabbed media attention, sparking rumors about a possible merger between Jio and Hotstar. Even though they received several inquiries and offers to buy the domain, Jainam and Jivika made it clear that they never planned to sell. Their goal was simply to support the developer and use the domain to share their own philanthropic journey.
After thinking it over, the siblings have decided to give the domain to Reliance for free. They emphasized that this decision was completely their own, with no outside influence. They have invited Reliance to reach out directly to finalize the transfer, with all necessary paperwork ready.
Jainam and Jivika also mentioned that their main focus is on their charity work through SevakArmy.com, a platform they created to inspire people to volunteer. Their goal is to get 100,000 volunteers to contribute 20 hours each year, adding up to 2 million hours of service to NGOs in the first year. This project is their primary priority, with the domain now a secondary concern.
