Akash Ambani pitches Jio Platforms' tech for India's projected $1.4 trillion digital economy
The Economic Times put the proposed offering's upper-band valuation at about Rs 10.3 lakh crore.
TLDR
Akash Ambani framed Jio Platforms' technology stack as a route into India's projected $1.4 trillion digital economy by FY31, the Economic Times reported from an Oct. 15 pre-IPO press conference. He cited 7,200 patent filings and Jio's 5G reach. The reported offering could raise up to Rs 30,213 crore and potentially set an Indian IPO size record; those were proposed terms, not final proceeds.
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