JioHotstar Domain Sold: UAE Siblings Step In After ₹1 Cr Deal Collapses

In a stunning turn of events, UAE-based siblings Jainam and Jivika have taken ownership of the highly coveted JioHotstar domain. Previously acquired by a Delhi-based developer who was seeking to capitalize on the merger between JioCinema and Disney+ Hotstar, the domain’s sale comes amid escalating attention and familial pressures. This unexpected shift in ownership marks a new chapter for the jiohotstar.com website.

LAFFAZ Media
LAFFAZ Media

Last week, the developer was seeking INR 1 crore from Reliance Industries to support his educational aspirations at Cambridge University. He described himself as “a dreamer,” and expressed his intention, but revealed that Reliance had not responded officially. Despite his reluctance to pursue legal action, family pressures mounted. “My parents are extremely worried… Handling a legal battle is one thing, but dealing with worried parents is tough.” He confessed

In a surprising turn of events, the developer’s messages were replaced by a heartfelt note from UAE-based siblings, Jainam and Jivika. The siblings shared their inspiring story of spreading kindness and education through a Seva project in India, where they empowered children to value learning and set life goals.

They then revealed their acquisition of the JioHotstar domain, explaining, “When we returned to Dubai, we used a portion of our collection to support a young software developer from Delhi by purchasing this domain for his benefit.”

Jainam and Jivika outlined their vision for the platform, intending to maintain it as a hub for inspiring kindness, while remaining open to potential future buyers.

On Reddit, users engaged in lively discussions, speculating about the new owners of the JioHotstar domain and Reliance’s potential next moves. Some users questioned the domain’s relevance to the company’s plans, suggesting it might be unnecessary. Others debated the domain’s value, estimating a possible sale price of around INR 10 lakh, significantly lower than the initial asking price. Additionally, some users proposed alternative URLs, such as Jiostar.com, as potentially more desirable options for Reliance.

UAE-based siblings and new owners of the JioHotstar domain, took to social media to share their inspiring journey. Beginning with family-friendly unboxing videos on YouTube in 2017, they have evolved to create science-focused content. Their upcoming project, “TalkFM, Dubai Audio,” promises exciting interactions with celebrity guests through a podcast.

Hadia Seema
Hadia Seema

Journalist at LAFFAZ, Hadia Seema possesses a creative flair as a writer and poet. With a passion for research, storytelling, and the dynamic world of startups, she brings a unique perspective to business journalism. Hadia’s work delves into themes of beauty, identity, and self-expression, blending her love for language and the arts with her expertise in the startup ecosystem. A stalwart in the field, she excels at transforming complex business news into skimmable engaging content that resonates with readers of all levels.

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