BofA gives Ambani’s Jio Platforms a $100 billion-plus valuation

Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telecoms and digital conglomerate 64.6% higher than the $65 billion at which it attracted the likes of Meta, Google and other technology giants in a mammoth fundraising in 2020. The valuation reassessment comes at a time when
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