Economic TimesLean R·
Jio IPO: Google, Meta, 8 others retain their stake in India’s largest offer worth Rs 35,000 crore
As Jio Platforms gears up for a massive Rs 35,000 crore IPO, its draft prospectus reveals key global investors are holding onto their stakes. Tech giants like Meta and Google, alongside sovereign wealth funds and private equity firms, are among the top ten backers. This indicates strong confidence in Mukesh Ambani's digital venture, with no existing shareholders opting for an offer-for-sale.
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