Jio BlackRock Broking gets SEBI nod for brokerage operations
SEBI has officially approved Jio BlackRock Broking Pvt Ltd to start operating as a stock broker and clearing member.
This move, with the certificate of registration issued on June 25, 2025, wraps up all the regulatory approvals needed for Jio BlackRock's full financial services platform in India.
Jio BlackRock enters India's crowded broking space
With this approval, Jio BlackRock Broking can now jump into India's busy broking scene.
The joint venture—between Reliance's Jio Financial Services and global giant BlackRock—plans to offer digital-first investment options for everyday investors.
Investors seem excited too: shares of Jio Financial Services popped over 4% after the news.
JV between Jio Financial and BlackRock
Jio BlackRock Broking is part of a 50:50 partnership between Jio Financial Services and BlackRock Inc., set up in 2023.
Their goal is pretty ambitious: use tech and global know-how to shake up how investing works in India.