Jio Platforms Seeks Up to $3.2 Billion in Landmark India IPO
Jio Platforms, the digital and telecom arm backed by Meta Platforms and Google, is preparing to raise as much as $3.2 billion in what would be India’s largest-ever share sale in rupee terms. The offering would also rank as the country’s second-largest IPO in dollar terms, behind Hyundai Motor India’s $3.3 billion listing in 2024, underscoring the scale of investor appetite for India’s capital markets.
