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Geojit Financial Services Ltd. is an investment services company in India headquartered in Kochi, Kerala. [ 1][ 2][ 3] It operates a network of offices across India and the Middle East. [ 4] Geojit was the first company in India to launch online-trading facilities, develop franchise models of sub-broking, form joint ventures in West Asia and ...
Jio soft launched on 27 December 2015 with a beta for partners and employees, [6] [7] [8] and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the third largest mobile network operator in the world with over 42.62 crore (426.2 million) subscribers. [9]
Intel became the 12th company to invest in Reliance Jio platforms after it invested ₹1,894.50 crore ($250 million), the total investments in Jio platforms is ₹117,588.45 crore so far. [67] On 16 July 2020, Google announced that it will acquire a 7.7% stake in Jio Platforms for ₹33,737 crore. [ 68 ]
The recent deals have cemented Mukesh Ambani’s ambition to make his oil-to-retails giant Reliance Industries (India’s most valuable firm) a top homegrown internet giant.
In 2024, Jio Financial Services opened a subsidiary called Jio Leasing Services Ltd, an unrelated leasing services business. [11] The subsidiary's first customer was another promoter owned company, Reliance Retail. [12] This was a massive $4.4 billion deal and some commentators saw it as a way to prop up the revenue of the promoter's retail ...
How Reliance Jio Platforms became India’s biggest telecom network. It’s raised $5.7 billion from Facebook. It’s taken $1.5 billion from KKR, another $1.5 billion from Vista Equity Partners ...
Jio was soft launched on 27 December 2015 with a beta for partners and employees, [9] [10] and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the third largest mobile network operator in the world with over 46.72 crore (467.2 million) subscribers.
The investment is part of Reliance’s planned effort to raise about $5.4 billion through stakes sale and borrowings for the digital fibre business, it unveiled in an exchange filing earlier this ...