# Indian-origin tech leader Srinivas Narayanan announced his departure from OpenAI.

*genai · news · 2026-04-18 · The Financial Express*

## Key points

- Jio Platforms plans to raise Rs 40,000-50,000 crore via IPO, the largest in India's history.
- The Jio IPO is expected to be an Offer for Sale and aims for a first-half 2026 listing.
- Early Jio investors from 2020 onward are projected to gain substantial value from the IPO.
- Jio will file its Draft Red Herring Prospectus soon as part of its public listing process.

**Companies:** OpenAI, Reliance Industries, Jio Platforms, Wipro, ICICI Bank
**Countries:** India, United States

[Read the full story on The Financial Express](https://www.financialexpress.com/shorts/trending/california-based-srinivas-narayanan-quits-openai-after-3-incredible-years-hints-at-india-return-who-is-he-4211084/)

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