Economy · India
Jio Platforms' Ownership Structure Revealed Ahead of Potential IPO
Reliance Industries (RIL) holds 66.43% of Reliance Jio Platforms, with Meta, Google, sovereign wealth funds, and private equity investors owning significant stakes, according to prospectus data. The potential listing of Jio Platforms, valued at ₹37.7k crore, could bring its ownership structure into focus as RIL does not wholly own the company. Separately, Reliance Jio has stated that India could be among the first countries to roll out 6G technology, having already filed over 8,000 patents.
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- Centre (6): Business Standard, Business Today, Deccan Herald, Mint, The Financial Express, The Free Press Journal