On June 11, 2025, Jio Financial Services announced that Jio BlackRock Investment Advisers (JBIAPL) has received regulatory approval from the Securities and Exchange Board of India (SEBI) to operate as an investment adviser.
Jio Financials said in an exchange filing, “Please note that the Securities and Exchange Board of India, vide letter dated June 10, 2025, has granted a certificate of registration to Jio BlackRock Investment Advisers Private Limited (“JBIAPL”) to act as an Investment Adviser.”
This milestone follows another recent approval from SEBI, allowing Jio BlackRock to launch its mutual fund operations in India. Earlier this week, Jio BlackRock Asset Management also introduced its leadership team and rolled out an ‘early access’ version of its official website.
Also Read: Jio BlackRock Mutual Fund: What is Aladdin's Magic that Everyone’s Talking About?
Key leadership appointments include Amit Bhosale as Chief Risk Officer, Amol Pai as Chief Technology Officer, and Biraja Tripathy as Head of Product, among others. These developments mark a significant expansion of Jio BlackRock’s presence in India’s financial services sector.
JBIAPL is a 50:50 joint venture between Reliance Industries, led by billionaire Mukesh Ambani, and BlackRock, the world’s largest asset management firm. Earlier this year, both partners infused ₹66.5 crore (approximately $7.78 million) into the venture, bringing their total investment to ₹84.5 crore.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 12, 2025, 12:20 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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