Business Standard

Monday, January 06, 2025 | 05:09 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Total Reliance: Why investors are betting on Jio Platforms' future

Over the past six weeks, Jio Platforms has raised a striking $10 billion from global investors

Reliance Jio
Premium

Reliance declined to make Ambani, Asia's richest man, available for interview or respond to a detailed list of questions.

Alexandra Ulmer and Promit Mukherjee | Reuters Mumbai
From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy made more urgent by the coronavirus pandemic.

For Indian shoppers who prefer to order online, it is launching a grocery ordering service with Facebook Inc's popular WhatsApp messaging. For Bollywood fans who would prefer to avoid a crowded theater, it is readying same-day-release on the Jio platform.

Those plans had been in the making for months, but the pandemic has given them a shot in the arm. India's 10-week

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in