Jio Platforms, Reliance Industries' digital arm, filed for India's biggest-ever IPO, aiming to raise $4 billion. The fresh issue will fund 5G expansion and debt reduction. The offering could value Jio Platforms at $138 billion, marking Reliance's first public issue in nearly two decades.
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Summary by ByteBrief
Ambani's Jio set to file for India IPO within days