Mumbai, April 17 -- Jio Financial Services Ltd. infused additional equity of Rs.1,346 crore into its group entities in FY25 to fuel "future growth aspirations and support the growing scale of the diverse businesses".

The group entities that received the funding include Jio Finance Ltd, Jio Payments Bank Ltd, and the joint ventures with BlackRock for asset management and wealth management, the company said as part of its earnings for the fourth quarter of FY25.

Jio Financial is the listed core investment company (CIC), which acts as the holding company for eleven group entities, including the three joint ventures with US-based BlackRock-Jio BlackRock Investment Advisors for the broking and wealth business, Jio BlackRock Asset Management ...