Reliance Jio IPO: 'Salute Mukesh Ambani' - Ace investor Manish Chokhani on '500 mn customers, $100 bn valuation
New Delhi, Oct. 19 -- Ahead of the Jio Platforms IPO, scheduled to open on Wednesday, October 21, Manish Chokhani, director of Enam Holdings, praised the company's growth and scale, highlighting its achievement of serving more than 500 million customers in a cost-conscious and competitive market like India.
In a post on X, Chokhani said Jio Platforms had grown from zero to serving such a large customer base while achieving a valuation of over $100 billion. He also expressed hope that India would create many more globally scaled companies, saluting Reliance Industries Chairman Mukesh Ambani and Jio Platforms for their achievement.
Last week, Kotak Mahindra Bank founder Uday Kotak said the listing of Jio Platforms could strengthen the gro...
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