Jio Financial Services Limited — JV/Acquisition, 10-12-2025: Acquisition

Jio Financial Services (JFS) has invested Rs 93.50 crore into Jio BlackRock Investment Advisers Private Limited, a 50:50 joint venture with global asset management giant BlackRock. This fresh capital infusion is earmarked to fund the JV's ongoing business operations. The move reinforces JFS's strategic intent to build a strong presence in India's investment advisory sector, leveraging BlackRock's expertise. This investment underlines JFS's commitment to expanding its financial services portfolio.