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Jio IPO buzz: Mukesh Ambani eyes $4 billion raise with 2.5% stake sale

Reliance Jio Platforms is reportedly considering an IPO this year, potentially raising over $4 billion by floating 2.5% of the company. This move could make it India's largest-ever IPO. The telecom giant, led by Mukesh Ambani, has diversified into AI and attracted significant investor interest.

9 Jan 2026 3:35 pm