RJio Aims for Higher Valuation Ahead of IPO

RJio, a telecom company, is planning to go public and wants to be worth a lot of money.

They're aiming to raise the average amount they earn from each customer (ARPU).

This means they might increase prices on phone and internet plans, which could help them increase valuation.

Financial analysts think RJio's ARPU could hit ₹220 or higher by raising tariffs.

Some experts think if prices increase too much, RJio could lose customers.

To achieve goals, the company might try different plans to increase customer base, to further substantiate valuation, as the next step.