India, June 11 -- Jio BlackRock Investment Advisers Pvt Ltd (JBIAPL), the joint venture between Jio Financial Services and BlackRock, has received approval from the Securities and Exchange Board of India (SEBI) to function as an investment adviser.

The company informed the stock exchanges that it got the certificate of registration from SEBI on June 10.

JBIAPL was incorporated in September 2024. The entity filed for a registered investment advisor licence in March 2025.

Notably, JFS and BlackRock have also formed JVs to enter mutual fund and broking segments. Last month, Jio BlackRock Asset Management Pvt Ltd received SEBI's approval to commence operations.

(The story will be updated soon)

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