Who are Jainam and Jivika? New JioHostar.com Owner

Who are Jainam and Jivika? : A Delhi-based app developer, who had purchased the JioHotstar domain with an intention of selling it to Reliance Industries, has sold it to two kids in Dubai. He was a dreamer who had asked for over Rs 1 crore from Reliance for the domain and wanted to use the funds to do an executive MBA at Cambridge University.

But as Reliance refused to budge, the domain has now unexpectedly landed in the lap of 13-year-old Jainam Jain and 10-year-old Jeevika Jain who have committed to support the young developer’s cause and keep the domain open for future endeavours. All details surrounding the events which led up to the sale, motivation of all parties, and current status of the JioHotstar domain follow:.

Acquisition of the JioHotstar domain and Reliance’s Reaction

There were reports circulating in 2023 that the company was planning to merge Jio Cinema with Hotstar. He, an entrepreneur from Delhi, bought the JioHotstar domain thinking that this would give the domain immense value since it would now belong to the company which had all these three platforms under it. He contacted Reliance Industries after the merger, and offered them to buy the domain for a little over Rs 1 crore.

He planned to raise funds for his executive MBA from the University of Cambridge, UK. Reliance Industries rejected the offer and did not even discuss with him. It is reported that the company sent warning notices, as it had in its previous legal proceedings against individuals who registered domains with names that included Jio or Reliance.

Jainam and Jeevika: Owners of JioHotstar domain

After the failed negotiations with Reliance, the developer approached a new group of potential buyers. It came as a surprise to note that the JioHotstar domain was sold to a pair of young siblings in Dubai, Jainam and Jeevika Jain, aged 13 and 10 years, respectively. The children had recently been to India as part of a holiday experience when they were inspired by the “seva yatra” undertaken. In this trip, they participated in several charitable activities such as teaching local children and collecting donations.

The amount collected from their effort was used to buy the JioHotstar domain name, which they want to keep for future charity and inspirational work. In a statement published on the JioHotstar website, the children said they will use the platform to “support a young software developer from Delhi” and inspire others to contribute positively.

Public reaction and letter from the new owners

In an emotionally charged letter published on the website of the domain, Jainam and Jeevika wrote about the experiences they had in India as well as the reasons they chose to buy the site. They described their trip to India, involving volunteer work and raising funds, part of a lifetime mission making a difference in other people’s lives. They want to keep the site open as a platform to “inspire others,” but they are open to future sales to any individual or organization that wishes to continue this mission, with the words:.

The video message has attracted millions of views online and support for the children’s altruistic intention. However, Reliance Industries hasn’t issued a statement yet about its new owner of the domain. Yet, kids have already raised the discussion among people on social media websites.

Background of the Developer and his intentions

The anonymous app developer bought the JioHotstar domain for a business opportunity that came his way after the merger between Jio and Hotstar. He had other personal reasons to pursue education, so he believed he could fund his MBA through the sale of the domain of this hot new application, which is to be made available in a very competitive market with Jio’s and Hotstar’s mergers. However, when Reliance refused to negotiate, he decided to sell the domain to young siblings from Dubai whose motivations matched his goal of making a positive impact.

Despite the negligible returns from the sale, the developer was contented with the new ownership of the domain and its directions. In the recent communications they had indicated that they will be using the domain for some meaningful purpose rather than stagnation due to the litigations on hand concerning Reliance.

Current status of JioHotstar.com

The JioHotstar domain is maintained by Jainam and Jeevika Jain, who are still running it as a site for pursuing their philanthropic aims. They mentioned in their communication that they are not doing so for commercial reasons but so that the dream of the original developer may be helped and a place may come into existence that may serve as an inspiration to other people. They further declared that they would sell the domain name if the latter can be used by the new owner for positive reasons in the future.