Meta- and Google-backed Jio Platforms to raise up to $3.2 billion in historic IPO in India
Jio's share sale will be India's largest ever in rupee terms, and second largest in dollar terms, trailing the Hyundai Motors IPO that raised $3.3 billion…
CNBC reports: Jio's share sale will be India's largest ever in rupee terms, and second largest in dollar terms, trailing the Hyundai Motors IPO that raised $3.3 billion in 2024.
This business story centres on India. Names and organisations mentioned in the coverage include Google-backed Jio Platforms, Hyundai Motors IPO and IPO.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- India · Asia
- Reported by
- CNBC
- First reported
- Key names
- Google-backed Jio Platforms, Hyundai Motors IPO, IPO
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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