Jio Platforms, the digital arm of Indian billionaire Mukesh Ambani’s Reliance Industries, is seeking to raise as much as $3.2 billion in what could be India’s biggest initial public offering. The listing will test public-market appetite for a company that attracted more than $20 billion from global investors, including Google and Meta in 2020.
Mukesh Ambani’s Reliance Jio is opening its cloud PC service to any internet user in India, positioning it as a way to turn aging computers into AI-ready machines without hardware upgrades.