Jio Platforms—controlled by billionaire Mukesh Ambani’s Reliance Industries—has filed the draft prospectus for the much-anticipated IPO of India’s biggest mobile carrier by revenue.

“The proposed listing of Jio will demonstrate to the world that India can build technology companies of global scale, global capability, and global value,” Ambani said at the company’s shareholders meeting earlier Friday. “I assure you, and all prospective new investors, that a brighter future awaits Jio.” Ambani said his three children—Akash, Isha and Anant—will lead the IPO process.

In a........

© Forbes