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JFS said it has invested INR 136 Cr in Jio BlackRock Asset Management and another INR 93.5 Cr in Jio BlackRock Investment Advisers through separate rights issues
The fundraise, which also saw BlackRock infuse INR 230 Cr, will be used to fund business operations of the two ventures
The asset management JV anchors JFS’ position in the mutual funds and asset management, while the investment advisers JV is focussed on investment advisory
Jio Financial Services (JFS) and…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
JFS said it has invested INR 136 Cr in Jio BlackRock Asset Management and another INR 93.5 Cr in Jio BlackRock Investment Advisers through separate rights issues
The fundraise, which also saw BlackRock infuse INR 230 Cr, will be used to fund business operations of the two ventures
The asset management JV anchors JFS’ position in the mutual funds and asset management, while the investment advisers JV is focussed on investment advisory
Jio Financial Services (JFS) and…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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