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Hey I am on MedialĀ ā€¢Ā 1y

ā€¢ Yesterday I already Said that There will be a Joint venture between Jio and BlackRock , Now it's confirm and official news . ā€¢ This Joint Venture will be partnered at 50:50 Ownership and most focused on Stock Broking, Asset Management and I don't

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Havish Gupta

Figuring OutĀ ā€¢Ā 1y

Exactly. Untill now reliance disrupted more or consumer business but this is d2b. So its had and further the industry is commition based to competing on Price is hard Only thing they have benifit is about black rocks international presence

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Hey I am on MedialĀ ā€¢Ā 1y

Yes but I think, they will acquire or already Jio built infrastructure šŸ¤”

Havish Gupta

Figuring OutĀ ā€¢Ā 1y

Infrastructure for what?

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Hey I am on MedialĀ ā€¢Ā 1y

For Stock Broking,Asset Management and SIP means Tech that required.

Havish Gupta

Figuring OutĀ ā€¢Ā 1y

Yup. They may go for it. Btw how much cash are both Company bringing together?

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