
Jio’s massive stock market listing marks a major milestone for India’s capital markets and could bring renewed global investor attention to the country. Dinshaw Irani, CEO of Helios Capital, explains why the fund participated as an anchor investor in Jio and other new-age and defence companies. He views Jio and Bharti Airtel as high-confidence, reasonable-return stocks that can provide stability during volatile markets, while faster-growing businesses offer greater potential for alpha generation. Irani also discusses how affordable mobile data has expanded digital access in India, supporting the growth of platforms such as Eternal and other internet-driven businesses.