JioBlackRock Broking Gets SEBI Nod to Launch Brokerage Operations:
JioBlackRock Broking Pvt. Ltd., a subsidiary of JioBlackRock Investment Advisers Pvt. Ltd., has received regulatory approval from the Securities and Exchange Board of India (SEBI) to begin operations as a brokerage firm. The entity is part of a 50:50 joint venture between Jio Financial Services Ltd. (JFSL) and global asset management giant BlackRock Inc., aimed at offering affordable, transparent, and technology-first investment solutions to Indian investors. JioBlackRock Broking was granted SEBI’s approval to commence operations, adding a brokerage vertical to the JioBlackRock group’s growing financial ecosystem. This comes shortly after regulatory approvals for its asset management and investment advisory arms, highlighting the joint venture’s commitment to creating a digital-first, holistic investment platform for both retail and self-directed investors in India.
