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Jio Platforms Limited is an Indian multinational technology company, headquartered in Mumbai. It is a subsidiary of Reliance Industries . Established in 2019, it acts as a holding company for India's largest mobile network operator , Jio , and other digital businesses of Reliance.
Jio Financial Services (77%) State Bank of India (23%) Website. www .jiobank .in. Jio Payments Bank Limited is an Indian payments bank, it started operating in 2018 and is currently a subsidiary of Jio Financial Services, which was initially owned by Reliance Industries but was listed separately on stock exchanges in 2023.
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 ...
Over the past three months, Jio has raised over $15.5 billion from a cohort of investors that include prominent financial institutions like KKR and Silver Lake Partners, massive sovereign wealth ...
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.
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 ...
An e-commerce venture between the nation’s top telecom operator Jio Platforms and top retail chain Jio Retail, JioMart just launched its new website and started accepting orders in dozens of ...
The winners were awarded spectrum in February. The Government earned ₹612 billion (US$7.3 billion) from the spectrum auction. The 1800 MHz spectrum auctioned were cancelled by the Supreme Court, following the 2G spectrum case. The government put on sale 307.2 MHz of 1800 and 46 MHz of 900 MHz-wide spectrum.