Meta- and Google-backed Jio Platforms’ shares soar over 21% on trading debut after record IPO

Jio Platforms' shares rose 21% on their trading debut following the company's initial public offering. TechCrunch reported Jio debuted as India's second-most valuable listed company, behind parent Reliance Industries. Bloomberg reported the IPO helped Reliance Industries surpass Tata Group as India's largest conglomerate by market value.

• CNBC — Meta- and Google-backed Jio Platforms’ shares soar over 21% on trading debut after record IPO
• TechCrunch — Jio shares surge 21% in market debut after blockbuster India IPO
• Bloomberg — Jio’s IPO Surge Ends Tata’s Reign as Most Valuable India Group

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