Jio Platforms, the digital and telecom subsidiary of Reliance Industries, has been in the news quite frequently over the past month. It first secured a massive investment from Facebook, followed by four other global players, to attract more $10 billion in a month. Now, a fresh report from Bloomberg suggests that Reliance has started prepping for an overseas listing of Jio Platforms.
“While a foreign listing may be a departure from RIL’s core belief of enhancing existing investors’ share value, international platforms may offer better liquidity to absorb a listing of Jio’s size when compared to the Indian market,” said one of the sources aware of the developments.
