Jio to file for IPO in weeks to raise ₹40,000-50,000 crore: Report

Jio Platforms is expected to raise ₹40,000-50,000 crore through its IPO, making it the largest fundraise ever, according to Financial Express. The company may file its DRHP in the coming weeks, with the offering likely to be an offer for sale (OFS) rather than a fresh issue. It is backed by the likes of Meta, Google and KKR.