StartupsET Techabout 1 hour ago
Jio IPO Pitch Targets Rs 30,000 Crore
4 min read
Jio Platforms, the digital arm of Reliance Industries, is pitching for a Rs 30,000 crore IPO valuation. Akash and Isha Ambani met global investors, positioning Jio as a technology company. The public issue opens on Oct. 21, potentially surpassing Hyundai Motor India Ltd's Rs 27,800 crore October 2024 record. Existing investors like Meta hold a 9.98% stake.
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