Indian mobile operator; Vi, 2G–VoLTE; Mumbai/Gandhinagar HQ
Jio Platforms has listed on the Indian stock market after a 302 billion-rupee IPO that drew record demand and priced at 1,119 rupees per share. Shares have opened sharply higher, valuing the company near 12.5 trillion rupees and making it India’s second-most valuable listed firm. The company will use proceeds to cut telecom debt and fund cloud, broadband and AI expansion.