Jio Platforms Limited will act as an umbrella platform for all the Reliance-owned digital businessesAfter deciding to set up a new subsidiary for its digital services businesses, Mukesh Ambani-led Reliance Industries Ltd (RIL) has now announced that the new venture will be called Jio Platforms Limited.

Jio Platforms Limited is expected to act as an umbrella platform for all the Reliance-owned digital businesses including Reliance Jio, MyJio, JioTV, JioCinema, JioNews and JioSaavn.

Jio Platforms was incorporated on November 15, 2019, and is yet to commence its business operations, according to RIL.

Additionally, the Jio Platforms will also acquire RIL’s total equity investment of INR 65K Cr in Jio.

He also added that Jio Platforms will focus on digital services in healthcare, education, agriculture, commerce, government-to-citizen services, gaming and manufacturing sector among others. | To read full story, visit https://startuparound.com/read/1575189006.3644145/‘Jio-Platforms’:-Reliance-Digital-Services-Including-Jio-Find-New-Home?ref=audio_experience