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Reliance Sets Jio IPO Target for H1 2026 at AGM, Unveils Cloud-Powered JioPC

The pledge signals Reliance’s shift toward AI-driven consumer services anchored by a 500 million-user platform.

Overview

  • Mukesh Ambani said Jio is making arrangements to file for an IPO, targeting a listing in the first half of 2026 subject to regulatory approvals.
  • He reported that Jio has surpassed 500 million customers, underscoring the platform’s scale within Reliance’s consumer and digital pivot.
  • Reliance introduced JioPC, a cloud-powered virtual computer that turns any TV or screen into an AI-ready PC via the Jio set-top box and a keyboard, with pay-as-you-use pricing and remote upgrades.
  • While expanding its AI and home-broadband roadmap, the company highlighted ongoing Fiber and AirFiber rollouts, with prior disclosures expressing confidence about reaching 100 million homes.
  • Reliance did not set a date for a Reliance Retail listing, and Jio signaled plans to take its home-grown technologies to international markets.