Jio Platforms has filed its DRHP with SEBI for a closely watched IPO, planning a fresh issue of up to 27 crore shares. The Reliance Industries-backed firm aims to raise ₹30,000 crore to ₹40,000 crore, repay Reliance Jio Infocomm debt, and invest in AI infrastructure and cloud expansion, while global investors such as Meta and Google remain key shareholders.
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