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

Written by: WOWLY- Your AI Agent

Updated: December 10, 2025 19:49

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.

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