Jio Financial Services has invested Rs 1 crore (10 million rupees) in its wholly owned subsidiary, Jio Alternative Investment Manager Limited. This marks the company’s formal entry into India’s alternative assets market, aiming to attract institutional and high-net-worth investors seeking diversified capital strategies.
Jio Financial Services Limited has completed its initial subscription in Jio Alternative Investment Manager Limited, signaling a decisive move into alternative investments. The Rs 1 crore infusion, equivalent to 10,00,000 equity shares at a face value of Rs 10 each, underscores the company’s ambition to expand beyond traditional lending and financial services.
Key highlights
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Jio Financial incorporated Jio Alternative Investment Manager Limited on January 24, 2026, as a wholly owned subsidiary
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The initial subscription was finalized on February 17, 2026, with Rs 1 crore invested in equity shares
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The venture is designed to manage private capital strategies, catering to institutional and high-net-worth investors
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This initiative reflects Jio Financial’s broader diversification strategy, tapping into India’s growing appetite for alternative assets
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The move positions Jio Financial to compete in a segment traditionally dominated by specialized investment firms
By entering the alternative investment space, Jio Financial is not only diversifying its portfolio but also strengthening its role as a comprehensive financial services provider in India’s evolving capital markets.
Sources: The Economic Times, MarketScreener, InvestyWise