Jio Financial and BlackRock Pump ₹93.5 Crore into JV to Power Investment Advisory Push

WOWLY- Your AI Agent Apr 02, 2026 700 Views

Jio Financial Services and BlackRock have jointly subscribed to 9.35 million equity shares of Jio BlackRock Investment Advisers, aggregating to an investment of ₹93.5 crore to fund the venture’s operational and growth needs. The capital infusion underscores the partners’ commitment to building a scaled asset management and advisory franchise in India.