Jio Platforms Attracts Over $20 Billion in IPO Bids
Jio Platforms Ltd. is generating significant interest ahead of its initial public offering, with bids exceeding $20 billion. The company aims for a valuation of about 10.3 trillion rupees ($108 billion). Major global investors including Fidelity and Allianz have committed to the IPO, which is expected to launch next week as final anchor investor talks conclude.
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