Jio Monetary Companies (JFS) and international asset supervisor BlackRock have made parallel investments of Rs 230 crore every into their two joint ventures because the companions deepen their presence in India’s quickly increasing digital-first wealthtech market.

In separate filings to the exchanges, JFS mentioned it subscribed to rights problems with Jio BlackRock Asset Administration and Jio BlackRock Funding Advisers, with BlackRock contributing an equal quantity.

JFS invested Rs 136 crore in Jio BlackRock Asset Administration and Rs 93.5 crore in Jio BlackRock Funding Advisers. Each entities are structured as 50:50 joint ventures and can deploy the recent capital to fund enterprise operations.

JFS mentioned the funding within the advisory enterprise is a related-party transaction carried out on an arm’s size foundation and doesn’t require governmental or regulatory approvals. The 2 companions subscribed to 136 million fairness shares within the asset administration unit and 93.5 million fairness shares within the advisory arm, every at face worth of Rs 10.

The capital infusion comes as JFS accelerates its technique to construct a full-stack monetary providers platform spanning lending, funds, asset administration and advisory. Over the previous 12 months, the corporate has arrange a number of regulated entities and long-term partnerships to compete with established monetary establishments. In January 2025, JFS and BlackRock additionally included a 3rd subsidiary, Jio BlackRock Broking Pvt. Ltd., and utilized for a broking licence in March. All three ventures are presently hiring and refining go-to-market plans after securing regulatory approvals earlier this 12 months.

Jio BlackRock Asset Administration has scaled rapidly since launch. In its Q2 FY26 disclosures, JFS mentioned the AMC’s property below administration crossed Rs 15,980 crore throughout 9 mutual funds inside 4 months.

Throughout the September quarter, the JV launched six new schemes, together with 4 fairness index funds, one debt index fund and its first lively fairness fund. The platform now serves 150 institutional traders and 6.35 lakh retail traders, with 40% of retail AUM coming from past high 30 cities.