Jio Financial Services Limited informed exchanges on Tuesday, June 11, 2025, that its joint venture with BlackRock—Jio BlackRock Investment Advisers Private Limited (JBIAPL)—has officially received a certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as an Investment Adviser.
This regulatory approval, communicated through a SEBI letter dated June 10, 2025, marks a significant milestone in Jio BlackRock’s journey to build a strong presence in India’s financial services sector. The company disclosed that it received intimation of the registration at 3:12 PM IST on the same day.
The disclosure follows previous regulatory communications dated April 15, 2024, and September 8, 2024. The move is expected to accelerate Jio BlackRock’s rollout of investment advisory services under the broader umbrella of its mutual fund and asset management initiatives.
The announcement comes just days after the joint venture unveiled its executive leadership team and launched its website along with an early access portal for users.
Earlier, Mukesh Ambani-owned Jio Financial Services and global investment giant BlackRock’s joint venture, Jio BlackRock Asset Management, officially announced the appointment of its executive leadership team and launched an exclusive ‘early access’ initiative for its website on Monday, June 9, 2025.
According to the statement, Jio BlackRock aims to offer digital-first mutual fund products and is inviting early registrations from potential investors and the general public. The leadership team includes several seasoned professionals from the industry. Notably, Isha Ambani, director of Jio Financial Services, serves as a non-executive director on the mutual fund board.
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