Ambani Reshapes Jio IPO to Pure Fundraising as Global Investors Double Down on India’s Digital Future - Tekedia

Reliance Jio Platforms has restructured its planned IPO into a pure capital raise, dropping the earlier plan for existing investors to sell shares.

The company will issue new stock equal to about 2.5% of equity, while backers such as Meta, Google and Vista Equity Partners keep their stakes.

The shift signals strong investor confidence in Jio’s growth prospects and in India’s expanding digital economy.

It also reinforces Jio’s role as a key platform in India’s telecom and digital infrastructure buildout.