Jio Platforms

Jio Platforms Limited
	Jio headquarters in Navi Mumbai
Company type	Subsidiary
Industry	Technology
Founded	2019
Founder	Mukesh Ambani
Headquarters	Navi Mumbai, Maharashtra, India
Area served	Worldwide
Key people	Akash Ambani; (Chairman); Kiran Thomas; (CEO)
Products	Telecommunications; E-commerce; Payment system; Mass media; Streaming television; Smartphones; Online services; Instant messaging; Virtual reality;
Revenue	₹117,805 crore (US$14 billion) (2023)
Operating income	₹26,780 crore (US$3.2 billion) (2023)
Net income	₹20,372 crore (US$2.4 billion) (2023)
Total assets	₹506,248 crore (US$61 billion)(2023)
Owners	Reliance Industries (67.03%); Strategic investors (18.26%); Private equity firms (9.38%); Sovereign wealth funds (5.33%);
Parent	Reliance Industries
Subsidiaries	Jio; JioFiber; JioSaavn; Jio TV; Jio Studios; Haptik; EasyGov; Radisys; Reliance Infratel Limited;
Website	www.jio.com

Jio Platforms Limited is an Indian multinational technology company, headquartered in Mumbai, Maharashtra, India. It is a subsidiary of Reliance Industries. Established in 2019, it acts as a holding company for India's largest mobile network operator, Jio, and other digital businesses of Reliance.^[3]

Since April 2020, Reliance Industries has raised ₹152,056 crore (US$18 billion) by selling 32.97% equity stake in the company.^[4] In August 2021, it was ranked 155th on the 2021 Fortune Global 500 list of world's biggest corporations.^[5]

^ "Jio Glass faces an uphill ride as virtual/mixed realty products remain niche". Archived from the original on 20 September 2022. Retrieved 18 June 2020.
^ ^a ^b ^c ^d "AR_2022-2023". Reliance Industries Limited. Archived from the original on 30 May 2023. Retrieved 21 April 2023.
^ Kalyanaraman, Anand. "The financial engineering behind the Great Jio Fund-raise". Business Line. Archived from the original on 8 February 2021. Retrieved 31 January 2021.
^ "Google to invest Rs 33,737 crore for a 7.7 per cent stake in Jio Platforms". The Economic Times. Archived from the original on 17 January 2021. Retrieved 15 July 2020.
^ "Reliance slips 59 places on Fortune list, SBI jumps 16 notches". Archived from the original on 22 July 2024. Retrieved 2 August 2021.

[1] "Jio Glass faces an uphill ride as virtual/mixed realty products remain niche". Archived from the original on 20 September 2022. Retrieved 18 June 2020.

[fy23-2] "AR_2022-2023". Reliance Industries Limited. Archived from the original on 30 May 2023. Retrieved 21 April 2023.

[3] Kalyanaraman, Anand. "The financial engineering behind the Great Jio Fund-raise". Business Line. Archived from the original on 8 February 2021. Retrieved 31 January 2021.

[4] "Google to invest Rs 33,737 crore for a 7.7 per cent stake in Jio Platforms". The Economic Times. Archived from the original on 17 January 2021. Retrieved 15 July 2020.

[5] "Reliance slips 59 places on Fortune list, SBI jumps 16 notches". Archived from the original on 22 July 2024. Retrieved 2 August 2021.

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