Jio BlackRock Broking Pvt Ltd, a wholly owned subsidiary of Jio BlackRock Investment Advisers Pvt Ltd, has received regulatory approval from the Securities and Exchange Commission of India (SEBI) to begin operations as a securities company.
Jio BlackRock Broking aims to bring affordable, transparent and technology-driven executive capabilities to investors, the company said in a statement.
JioBlackRock Investment Advisers, the parent company of the brokering entity, is a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and BlackRock Inc in the US.
With recent regulatory approvals received by Jio BlackRock Asset Management Pvt Ltd and Jio BlackRock Investment Advisers, the receipt of a brokering license will enable the Jio BlackRock joint venture to offer holistic investment solutions.
“With JioBlackRock Investment Advisers, you can provide personalized advice to retail investors. Now, the brokerage says he is CEO of Marc Pilgrem’s Jio BlackRock Investment Advisers Pvt Ltd.
Despite JioBlackRock’s asset management division brings innovative mutual funds to the market and JioBlackRock Investment Advisers preparing to launch operations, the approval of the brokering entity adds another aspect to its strategy to democratize investment in India, making it easy to access and through digital first solutions, said JFSL MD and CEO Sethia.
Released on June 27, 2025
