Jio Platforms Receives Regulatory Approval for IPO

Jio Platforms, the digital and telecommunications arm of Mukesh Ambani's Reliance Industries, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to proceed with its long-awaited initial public offering (IPO). The company previously launched a reward token called JioCoin, which is built on the Polygon blockchain and integrated into the JioSphere web browser.