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The fintech company said it has subscribed to and been allotted 14.75 Cr equity shares worth ₹10 each in AJRL for a cash investment aggregating to ₹147.5 Cr
The funds will be used to support the business operations of the joint venture
With this transaction, Jio Financials’ total investment in AJRL has reached ₹150 Cr so far
Months after setting up a joint venture (JV) with German insurance major Allianz, Jio Financial Services (JFS) has announced a capital…
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The fintech company said it has subscribed to and been allotted 14.75 Cr equity shares worth ₹10 each in AJRL for a cash investment aggregating to ₹147.5 Cr
The funds will be used to support the business operations of the joint venture
With this transaction, Jio Financials’ total investment in AJRL has reached ₹150 Cr so far
Months after setting up a joint venture (JV) with German insurance major Allianz, Jio Financial Services (JFS) has announced a capital…
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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