As Reliance Jio launched India’s largest ever initial public offering on Wednesday, Zerodha CEO Nithin Kamath took to X to explain how the telecom giant has changed India and helped so many businesses start and grow in its 10-year-long journey.
Kamath recalled an Economic Times article from 2015 which had listed himself along with Mukesh Ambani among businessmen to watch in 2016. “When Jio was getting ready to launch in 2015, I remember being petrified to find myself on this Economic Times list of 10 businessmen to watch in 2016. Mukesh Ambani was #1, and I was #6, mainly because we had just made delivery brokerage free. We were, and still are, ants compared to Reliance/Jio,” he wrote.