JioPlatforms is among the most influential companies in the world, according tothe 2021 TIME 100 Most Influential Companies.
Asper the TIME magazine, over the past few years, Reliance Industries has builtIndia's largest 4G network by charging some of the lowest data rates in theworld.
Nowleading investors are turning to Jio Platforms, the holding company forReliance's digital businesses, to reach its more than 410 million subscribers,it said.
"Lastyear, Jio raised over $20 billion in capital, a testament to the value andpotential of its rapidly growing user base," it said.
Thisis the first ever list, TIME has come out with regarding the most influentialcompanies in the world. that highlights businesses making an extraordinaryimpact around the world. To assemble it, TIME solicited nominations acrosssectors including health care, entertainment, transportation, technology andmore from our global network of editors and correspondents, as well as fromindustry experts.
Further,ed-tech company BYJU'S also has made it to the list.
TIMEsaid that as users of his company's signature app nearly doubled to 80 millionduring the COVID-19 pandemic, Byju Raveendran, the founder went on a spendingspree, fueled by funding from investors like Tencent and BlackRock.
TheBYJU'S summer acquisition of WhiteHat Jr, an app that teaches kids to code,along with the purchase of Silicon Valley educational-game maker Osmo in 2019,gives the company a foothold in the US e-learning market.
InApril, the company announced plans to dramatically expand outside its home basein India, adding one-on-one lessons in the US, the UK, Indonesia, Mexico andBrazil.
BYJU'Salso snapped up a leading Indian test-prep school for almost $1 billion. Theexplosive growth has turned BYJU'S into one of India's most lucrative startups,increasing the company's expected value to $15 billion, up from $5.5 billion inJuly 2019, it said.