Jio Platforms to List in First Half of 2026, Valuing at $134-146 Billion

Friday, Aug 29, 2025 11:52 pm ET1min read

Reliance Industries plans to list its digital venture, Jio Platforms, by the first half of 2026, with the IPO expected to be the country's biggest. Jio has over 500 million subscribers and contributes 85% to Jio Platforms' revenue. The listing could value Jio at $134-146 billion, making it one of India's top five companies by market capitalization. RIL also plans a ₹40,000-crore investment in its FMCG business to open integrated food parks.

Title: Reliance Industries Prepares for Jio Platforms IPO in 2026, Announces Strategic AI Partnerships

Reliance Industries has announced its plans to list its digital venture, Jio Platforms, by the first half of 2026, positioning it as one of India's largest and most anticipated IPOs. The listing is expected to value Jio Platforms at $134-146 billion, which would make it one of India's top five companies by market capitalization.

Jio Platforms, which houses Reliance's digital and telecom assets, has over 500 million subscribers and contributes 85% to its revenue. The company's valuation is expected to significantly increase upon listing, with experts predicting that the IPO could raise around Rs 52,000 crore, making it the largest ever in India [4].

In addition to the IPO, Reliance Industries has also revealed strategic partnerships with tech giants Google and Meta to drive artificial intelligence (AI) initiatives. These partnerships include a joint venture with Meta, backed by an initial investment of about $100 million, and a collaboration with Google to implement AI across various sectors such as energy, retail, telecom, and financial services. Google CEO Sundar Pichai announced plans to establish a dedicated cloud region in India, powered by clean energy and connected through Jio's network [2].

Reliance Industries has outlined five priorities for Jio's next phase of growth, including an "AI Everywhere for Everyone" initiative, expanding operations overseas, investing in human-centric robotics powered by AI, and expanding the JioStar entertainment offering globally [3]. These developments highlight Reliance's ambitious plans to leverage AI and expand its digital footprint both domestically and internationally.

References:
[1] https://theoutpost.ai/news-story/reliance-jio-plans-ipo-by-2026-announces-ai-partnerships-with-google-and-meta-19708/
[2] https://www.cnbc.com/2025/08/29/indias-reliance-ties-up-with-google-and-meta-to-drive-ai-push.html
[3] https://www.ainvest.com/news/reliance-industries-launches-ai-subsidiary-reliance-intelligence-focus-ai-infrastructure-deep-tech-2508/
[4] https://www.businesstoday.in/markets/ipo-corner/story/reliance-jio-ipo-set-to-be-indias-largest-valuation-could-cross-rs-10-lakh-cr-say-experts-491743-2025-08-29

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