ET Exclusive: Jio wants satellite broadband that connects ‘every Indian home,’ says Akash Ambani

Jio Platforms has priced its IPO with market uncertainty in mind, while leaving room for investors to benefit, Akash Ambani, managing director, Jio Platforms said as the company debuts on the Indian bourses on October 21.

Proceeds from the IPO will help Jio move towards net debt-free status and strengthen its balance sheet, Ambani told ET’s Himanshi Lohchab in an email interview.