The agenda of each of the 13 investors in Jio Platforms is amply stated. Facebook will get a piece of Jio Mart’s e-commerce on WhatsApp. Google is promised a foothold in the feature phone market.
Intel and Qualcomm have a big buyer for their chips. And the financial investors are in for handsome bonuses when Jio IPOs hit the market in some two-three years. Jio’s stake sale, where it pared 32.97 per cent in one of the largest private transactions of its kind in the world, promises a paradigm shift in India’s technology landscape. Many feel that Jio may rise to …
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