New Delhi, June 11 -- Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited and BlackRock, on Wednesday has received regulatory approval from the Securities and Exchange Board of India (SEBI) and BSE Limited to begin operations as an Investment Adviser in India.

"As Indian investors increasingly seek personalised, insight-driven financial solutions, this joint venture is poised to democratize access to world-class advisory services. We are confident that JioBlackRock will redefine the future of wealth creation in India by empowering investors with global expertise and local relevance," said Hitesh Sethia, Managing Director and CEO, Jio Financial Servic...