Jio BlackRock receives Sebi approval to launch advisory business

Jio BlackRock Investment Advisers Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock Inc, on Wednesday said it has received regulatory approval from markets regulator Sebi and leading exchange BSE to commence operations as an investment adviser.

This follows the announcement on May 27, 2025, of regulatory approval from Securities



and Exchange Board of India (Sebi) for Jio BlackRock Asset Management Private Ltd to commence operations as an investment manager for its mutual fund business in India.

With this license, Jio BlackRock Investment Advisers will now focus on developing a digital-first product designed to meet the evolving needs of investors, Jio BlackRock Investment Advisers said in a statement.