Jio eyes up to $140 bn IPO valuation; TPG, KKR, General Atlantic, Silver Lake to sell

Jio Platforms is the holding company for the group’s telecommunications and digital businesses. A group of 13 investors comprising Facebook (now Meta), Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, Public Investment Fund, Intel Capital and Qualcomm Ventures had acquired 32.96% stake in Jio Platforms for more than ₹2,000. ₹1.5 trillion in 2020 and 2021.