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JioBlackRock Broking receives SEBI approval to launch brokerage business

StartupTalky · 10h

JioBlackRock Broking, a subsidiary of Jio BlackRock Investment Advisers, received approval from SEBI to launch its brokerage business in India. The venture, a 50:50 partnership between Jio Financial Services and BlackRock, aims to provide affordable and technology-driven investment solutions. With this approval, JioBlackRock can now offer comprehensive investment services, fostering India’s shift from saving to investing. The move complements their asset management and advisory services, broadening their reach within the Indian investment sector.