SpaceThe Next Webabout 2 hours ago
Jio Platforms Seeks $108B in India IPO
2 min read
Jio Platforms attracted over $20B in bids for its upcoming India IPO, targeting a valuation of 10.3 trillion rupees or about $108B. The listing opens next week before 30 October, with Fidelity, Allianz, and Capital Group showing interest. Proceeds will fund a 1,650-satellite constellation costing $10B to $15B and repay 275 billion rupees in debt.
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