Mukesh Ambani , the Indian billionaire, is planning to list his telecommunications company Jio on the stock exchange by 2025. Analysts value the company at more than $100 billion. 
Despite announcing in 2019 that both Reliance Jio and Reliance Retail would progress toward listing within five years, Ambani has not yet provided updated timelines. As Asia's wealthiest individual, he successfully secured $25 billion in investments from prominent firms like KKR, General Atlantic, and Abu Dhabi Investment Authority for his digital, telecom, and retail ventures. 
Reliance intends to proceed with the Jio IPO in 2025, following the company's achievement of becoming India's leading telecom provider with 479 million subscribers. However, the retail division's public offering is expected to occur after 2025 due to pending operational matters. 
The company faces potential competition from Elon Musk's Starlink service in India. Jio, supported by Google and Meta, has established a partnership with Nvidia for artificial intelligence development.