At Reliance Industries’ 49th AGM, Akash Ambani outlined Jio’s dual-track satellite broadband push, combining a sovereign LEO constellation of about 1,650 satellites with leased global capacity, an SES MEO partnership, and new Indian ground stations to compete with Starlink, Amazon Kuiper, and OneWeb while extending coverage beyond 524 million users.

India’s IVCA and South Korea’s KVCA have signed an MoU to deepen cooperation in venture capital, private equity, and alternative investments, aiming to boost cross-border startup funding, policy engagement, and research collaboration as bilateral trade moves toward a $50 billion target by 2030.