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Reading: Inc42 unpacks what Jio’s record listing means for Indian startups
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Inc42 unpacks what Jio’s record listing means for Indian startups

India's largest IPO landed at a 21.36% premium and closed day one up 26.66%, with Jio now pitching itself as an AI and cloud company.

Techflier Staff
Last updated: November 4, 2026 1:48 am
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Jio Platforms listed at a 21.36% premium after India’s largest ever IPO and finished its first trading day 26.66% above the issue price. Inc42’s new weekly brief walks through where the Rs 27,500 crore raised is headed and why the telecom giant now presents itself as an AI and cloud business.

The episode also covers Ather’s first ever profit, a tenfold jump in Paytm’s earnings and an AI fund launched by the founders of Unacademy.

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Training-data startup AfterQuery hits $3.2B five months after Series A
Oyster’s Jack Mardack on building impact into the business model
Highland Europe banks €1.1B sixth fund for growth-stage bets
TAGGED:AIindiaIPOJiostartupstelecom
SOURCES:Inc42
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