Akash Ambani named Jio Platforms managing director as IPO talks hit a new valuation range

Board voted unanimously and the IPO plan is shifting

Jio Platforms, Reliance Industries’ digital arm, has appointed Akash Ambani as managing director for five years starting April 9, 2026. The move was unanimously approved by the board and filed with the MCA. It comes as the company reportedly reworks its IPO route and pricing, with analysts valuing Jio Platforms between $200 billion and $240 billion.