Reliance Jio Platforms is in talks with 13 foreign investors, including Meta and Google, to sell down 8% of their individual stakes in an upcoming Mumbai IPO. This stake sale, expected to be between 2.5% to 3% of total shares, aims to offer value to retail investors. The telecoms-to-AI giant is preparing to file for IPO approval this week.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets