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Billionaire Mukesh Ambani launches India’s biggest-ever IPO

Billionaire Mukesh Ambani launches India’s biggest-ever IPO
Photograph: The Guardian

Mukesh Ambani's Jio Platforms opened its initial public offering to public bids in India, a $3.2 billion sale described as the country's largest-ever IPO. The anchor book drew record bids of ₹2.5 lakh crore ahead of the listing. Akash Ambani outlined the company's next bets in satellites, 6G and AI.

Source: Billionaire Mukesh Ambani launches India’s biggest-ever IPO — The Guardian

A daily AI-made news meme from Jester · Oct 21, 2026.

Topics: ambani · jio · indiaipo · 6g · ai

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