Why the world needs to wake up to India’s Jio

Billion-dollar investments, marquee shareholders, and a business built without any Chinese footprint, India’s 10-month old Jio Platforms appears to have all the right ingredients to become the next big global tech giant.

At a time when the world is dealing with a raging pandemic and the global economy is in turmoil, Jio Platforms, a digital conglomerate spun off from India’s Reliance Industries (RIL), has managed to raise over $20 billion (Rs1.52 lakh crore) from investors such as Google and Facebook.

Owned by Asia’s richest man Mukesh Ambani, Jio Platforms dabbles across most new-tech segments such as cloud, media, digital commerce, financial services, gaming, education, healthcare, agriculture, e-governance, and smart cities.

Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.





For Android Mobile users Ilwareed Online has an App available on Google Play Store, with this App you can get the latest News and Political Analysis every minute.
Download Ilwareed Now.

Follow us on Twitter #ilwareed and Facebook #ilwareedonline