Jio BlackRock raises more than $2.1 billion through debut new fund offer-February 2024-www.financetom.com

Jio BlackRock raises more than $2.1 billion through debut new fund offer

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Jio BlackRock raises more than $2.1 billion through debut new fund offer

Jul 6, 2025 10:32 PM

July 7 (Reuters) - Jio BlackRock Asset Management, a

joint venture between India's Jio Financial Services

and U.S.-based BlackRock ( BLK ), said on Monday it has raised

more than 178 billion rupees (about $2.1 billion) through its

first new fund offer.

($1 = 85.7140 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Mrigank

Dhaniwala)

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