Reliance Jio IPO: Who is Arjun Vaidya? Bizman shares why his friend Akash Ambani returned to India from US | Video
New Delhi, Oct. 24 -- Reliance Jio's record-breaking initial public offering (IPO) has prompted entrepreneur and investor Arjun Vaidya to recall a conversation from 2013, when his friend Akash Ambani decided to return to India after graduating from Brown University in the US to pursue what he described as an ambitious vision of building Jio.
In a video shared on Instagram, Vaidya recounted how Akash had spoken about bringing affordable, high-speed internet to Indians at a time when the idea appeared far-fetched. 13 years later, he said, that vision had culminated in India's biggest-ever IPO, attracting unprecedented investor interest.
Jio Platforms' Rs.30,213-crore public issue closed on October 23 with subscriptions of 22.19 times the ...
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