Jio Financial Services is unlike any Mukesh Ambani business
The absence of clarity on the new company’s areas of operation and strategies, going into an unfamiliar and highly competitive space, has left investors confused.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Shiny headlines mask Jio’s dull performance
Reliance’s telecom business has demonstrated impressive growth in Q1. Yet, fundamental slippages are holding back profitability, even as Airtel continues to keep its lead. Expect more headwinds, not a bumper IPO.
MBAs must jump aboard the wealth tech gravy train
India’s wealth management industry has come into its own in the last five years. As newer companies hope to serve newly minted millionaires, it promises to be an exciting new field for MBAs.
Jio Financial Services has a business and people problem
Strapped for top-flight talent as well as differentiated products, Reliance’s financial services business hasn’t managed to move the needle in its two years of existence.