Jio Platforms Limited
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Jio Platforms Limited

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Intro and history: Jio Platforms Limited is a technology company and a subsidiary of Reliance Industries, founded by Mukesh Ambani in 2019. It operates a national LTE network with coverage across all 22 telecom circles in India. The company has made significant strides in the digital and telecom industry in a short span of time. Industry: Telecommunications, Technology Product, Services and Operations: Jio Platforms Limited provides a variety of services including broadband connectivity, smart devices, cloud and edge computing, big data analytics, artificial intelligence, Internet of Things, augmented and mixed reality and blockchain. It also operates the popular Jio mobile network in India. Funding Details: Jio Platforms has attracted significant investment from global entities. In 2020, it raised over $20 billion from investors including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, Public Investment Fund, Intel Capital and Qualcomm Ventures. Acquisitions: Jio Platforms has made several acquisitions including music streaming service Saavn, chatbot maker Haptik and education technology startup Embibe. Awards and Achievements: Jio Platforms has been recognized for its contributions to the digital revolution in India. It was awarded the 'Most Innovative Company of the Year' at the CNBC-TV18's India Business Leader Awards in 2020.