The Economic Times

How Akash, Isha Ambanis missed college assignment led to the creation of Rs 10 lakh crore Jio

A failed college assignment by Isha Ambani helped spark the idea for Jio, which is now preparing for a Rs 30,213 crore IPO at a valuation of around Rs 10.3 lakh crore. Akash Ambani said the proceeds would go towards debt reduction, as Reliance seeks to unlock value from its digital business.