JioBlackRock Investment Advisers Announces Launch of Official Website and Early Access Campaign

Jio BlackRock Investment Advisers Private Limited (“JioBlackRock Investment Advisers”), a 50:50 joint venture between Jio Financial Services Limited (“JFSL”) [BSE, NSE: JIOFIN] and BlackRock Inc. [NYSE: BLK], is pleased to announce the launch of its official website www.jioblackrock.com, the commencement of an exclusive early access campaign, and the introduction of its executive leadership team led by Marc Pilgrem, who was appointed as the CEO in June 2025. Further details regarding the leadership team are available at: https://www.jioblackrock.com/team

The website provides educational resources and enables users to register for early access to product updates and launch information.

This development takes JioBlackRock a step closer to the full commercial launch of its advisory business, following the successful introduction of its asset management company earlier this year which to date has launched 10 investment products, each of which attracted significant investor interest. Building on this foundation, JioBlackRock’s advisory service aims to open up access to high-quality investment solutions with affordable, and personalised investment advice to individuals across India. JioBlackRock leverages BlackRock’s global investment expertise and BlackRock’s proprietary technology Aladdin® with JFSL’s digital reach, to offer institutional-quality investment solutions for the people of India delivered through simple digital tools.

JioBlackRock Investment Advisers has also established a presence on LinkedIn, Instagram, Facebook, YouTube, and X, and is initiating an awareness campaign to address longstanding barriers to investment advice, thereby empowering investors to build wealth with confidence.

Hitesh Sethia, Chief Executive Officer, Jio Financial Services, stated "Following the successful launch of JioBlackRock's asset management business, which has seen significant interest from both institutional and retail investors, we are excited to gear up for the launch of its investment advisory business. This is a key element of our integrated investment management strategy at JioBlackRock that aims to democratise access to world-class investment solutions for the people of India.”

Rachel Lord, Head of International, BlackRock, said “Investing your savings into the capital markets allows you to dream, to believe that the future will be better than today, and that the companies, industries and countries you are investing in will succeed. With the launch of JioBlackRock Investment Advisers we are making it easier and cheaper for millions of Indians to receive personalised investment advice built on world-class investment technology and solutions. So that more Indians can dream and invest for a better future.”

Marc Pilgrem, Managing Director and Chief Executive Officer, JioBlackRock Investment Advisers stated “We believe that every individual in India should have access to institutional-grade investment opportunities. Our digital-first advisory service is being designed to make high-quality investment advice more accessible and affordable, thereby facilitating financial progress and nurturing a more confident generation of investors.”

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About Jio BlackRock Investment Advisers Private Limited:

Jio BlackRock Investment Advisers Private Limited (JioBlackRock Investment Advisers) is a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock Inc. (BlackRock). JioBlackRock Investment Advisers will combine BlackRock’s global investment, asset allocation and technology expertise with JFSL's digital reach and scale to uniquely provide accessible, affordable, and personalised investment solutions to the people of India. For further information, please visit www.jioblackrock.com

About Jio Financial Services Limited:

Jio Financial Services Limited (JFSL) is a Core Investment Company (CIC) registered with the Reserve Bank of India. As a new-age institution, JFSL operates a full-stack financial services ecosystem through customer-facing subsidiaries, including Jio Credit Limited, Jio Insurance Broking Limited, Jio Payment Solutions Limited, Jio Leasing Services Limited, Jio Finance Platform and Service Limited, and Jio Payments Bank Limited.

Through a 50:50 joint venture with BlackRock, JFSL offers asset management services in India through Jio BlackRock Asset Management Private Limited. The JV with BlackRock also proposes to offer wealth management and broking services through two other entities – Jio BlackRock Investment Advisers Private Limited (for wealth management) and JioBlackRock Broking Private Limited.

JFSL has entered into a 50:50 joint venture with the Allianz Group and has set up Allianz Jio Reinsurance Limited to offer reinsurance services in India, subject to regulatory approvals. The two entities have also signed a non-binding agreement to explore opportunities in general and life insurance.

With a digital-first model, JFSL is committed to enhancing the financial well-being of Indian citizens by enabling them to borrow, transact, save, and invest seamlessly. Through the JioFinance app, customers can access a wide range of solutions including loans, savings accounts, UPI, bill payments, recharges, digital insurance, financial tracking and management tools, and more.

For more updates, please visit www.jfs.in

About BlackRock:

BlackRock’s mission is to help more people achieve financial well-being. As a global leader in financial technology, BlackRock supports millions of individuals in building savings and making investing more accessible and affordable. For further information, please visit www.blackrock.com/corporate.

Media Contacts:

Jio BlackRock Investment Advisers Private Ltd.: Revathi.Pandit@jioblackrock.com

Jio Financial Services Ltd.: aveek.datta@jfs.in

BlackRock: anthony.arthur@blackrock.com