Jio Valuation crossedb $ 100B

If jio platforms get listed today then will be 4th largest firm in India by mcap.

Profit $4B last year Subscribers - 500M ( more than usa population) Revenue 1.2 lac crore++ Arpu touching 200inr

Amazing numbers that too within 10y of ops in a competitive segment of telecom.

10mo ago

Find out if you are being paid fairly.Download Grapevine

SillyDonut

TCS10mo

Even in a remote village of India u can get 1gbps speed nowadays due to Jio revolution.

Impact is huge and 6G will be in place by 2030. (Jio leading here also)

This firm can be 1st Trillion dollar firm from India.

Discover more

Curated from across

Reliance May List Jio at $112 Billion Valuation Next Year, Jefferies Says

Reliance Industries might spin off its telecom arm Jio for a public listing as early as 2025, according to Jefferies.
Investors prefer a spinoff over an IPO due to concerns about the holding company discount in the Indian market. -...

18K

Reliance's Jio Platforms has launched two new 4G-enabled handsets, JioBharat V3 and JioBharat V4, priced at 1099 rupees ($13).
The phones are aimed at the hundreds of millions of Indians still using slower 2G networks.
The device...

I feel they would be raising for 4-5 months of runway at a time this way. Anybody knows?

The fundraise is an extension of its convertible debt round in which it has already raised $49 mi...

17K

Ask a question on Grapevine.

Get the app on Android or iOS.