Billionaire Mukesh Ambani has become the owner of the two most valued companies in India, after a stellar listing of Jio Platforms , the country's largest telecom operator and digital services firm. The share of Jio Platforms continued to climb higher on Thursday, opening 3.3% higher a day after its market debut. The Meta - and Google -backed company listed on Wednesday at a premium of over 25% to its IPO price, leading to a market capitalization of 13.05 trillion rupees ($137.1 billion). Ambani's flagship company, Reliance Industries , also the most valued company in India, owns more than a 64% stake in Jio Platforms after the initial public offering.
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