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Tag Archives: Jio Platforms

Jio Platforms poised for record-breaking IPO, set to hit $148 billion valuation by 2027

THEBUSINESSBYTES BUREAU NEW DELHI, OCTOBER 24, 2025 Jio Platforms, the telecom and digital powerhouse of Reliance Industries, is on track to make waves in India’s capital markets with its upcoming Initial Public Offering (IPO). ICICI Securities has projected a hefty $148 billion equity valuation for the company by September 2027, driven by its strong financials and a bullish outlook on ...

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Jio Platforms reports 23.4pc surge in Q2 net profit to Rs 6,539 crore on strong ARPU growth

Mumbai, October 14, 2024 (TBB Bureau): Jio Platforms, the digital and telecom arm of Reliance Industries, posted a robust 23.4% year-on-year increase in consolidated net profit for Q2 FY25, reaching Rs 6,539 crore. The significant growth was driven by a surge in average revenue per user (ARPU), which climbed to Rs 195.1 per month. The company’s revenue from operations also ...

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Jio Platforms records 11.6pc surge in Q3 net profit

TBB BUREAU MUMBAI, JAN 19, 2024 In the latest financial report, Jio Platforms marked an 11.6% year-on-year escalation in consolidated net profit, reaching INR 5,445 crore during the December quarter. This impressive growth was fueled by a robust increase in subscribers. The gross revenue of Jio Platforms, housing Reliance Industries’ telecom and digital businesses, experienced an 11.4% surge, reaching INR ...

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Meta, Jio Platforms collaborate to launch JioMart on WhatsApp

TBB BUREAU MUMBAI, AUG 29, 2022 Meta and Jio Platforms on Monday announced the launch of the first-ever end-to-end shopping experience on WhatsApp, where consumers can shop from JioMart right within their WhatsApp chat. A global first, JioMart on WhatsApp will enable users in India, including those who have never shopped online before, to seamlessly browse through JioMart’s entire grocery ...

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Asteria Aerospace launches drone software platform Skydeck

TBB BUREAU BENGALURU/BHUBANESWAR, MARCH 23, 2022         Jio Platforms’ subsidiary Asteria Aerospace, a drone manufacturer and solution provider in India, has launched its end-to-end drone operations platform – SkyDeck. SkyDeck is a cloud-based software platform to deliver a DaaS solution for multiple industry verticals such as agriculture, surveying, industrial inspections, and surveillance and security, a company release said. SkyDeck provides ...

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