How Jio-Mart is going to make Ambani Trillions

In the year 2020 when the entire world was at a standstill due to pandemic, something unusual was happening

Mukesh Ambani set out raise money for his new startup called Jio platforms 

Ambani was able to raise $22.43 billion in less than 2 months

This amount was higher than the total capital raised by tech startup in an entire year of 2019.

So, the question is why did the companies like Facebook, google and dozen others showered their money on a one and half year-old company?