<ul data-eligibleForWebStory="false"><li>Reliance's Jio Platforms has reportedly postponed its IPO plans for this year to focus on strengthening its business performance and expanding core operations.</li><li>Analysts value Jio Platforms at about $100 billion, but the company aims to increase this valuation before listing, driven by growth targets in revenue, customer base expansion, and digital services enhancement.</li><li>Jio Platforms, predominantly generating revenue from its telecom unit Jio Infocomm, saw revenue rise to INR 1.28 lakh crore and a net profit increase to INR 26,120 crore in the last fiscal year.</li><li>In addition to telecom, Jio is venturing into satellite communications through partnerships like Orbit Connect India with SES and offering Starlink's broadband services in collaboration with SpaceX to complement its AI strategy and revenue diversification efforts.</li></ul>

Reliance’s Jio Platforms Puts IPO On Hold: Report

Discover more