Hi @Sivakumar Kolli ,
Thanks for posting.
I would ask you to follow this guide for Jira Cloud to enable releases for your project - https://support.atlassian.com/jira-software-cloud/docs/enable-releases-and-versions/ .
Please accept the answer if it helps else respond and allow others to share inputs.
Cheers
Suvradip
Are you using a Company Managed project or a Team Managed project? It will say at the bottom of the navigation pane on the left?
Are you using a Work Management/Business project, a Software project, or a Service Management project? That will be shown at the top of the navigation pane on the left, just below the project name.
The ability to create releases requires certain project administrator permission. You need to ensure you have that also.
And Releases should then be an option that you see in the navigation pane on the left.
If that is not enough to help you solve the issue, can you provide screen images of what you see?
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