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Economy

Jio Platforms Launches Record $3.2 Billion IPO

Backed by major tech giants, Jio Platforms has opened its $3.2 billion IPO to public investors.

The Business Standard ยท 21 October 2026, 11:00 AM

Jio Platforms, which counts Meta, Google, and various institutional investors among its backers, has officially opened its $3.2 billion initial public offering (IPO) for public bids. The company currently operates as India's largest telecommunications provider, serving a subscriber base exceeding 500 million.