<ul><li>Jio Finance Share Price surged by 3.74% after regulatory approval for JioBlackRock Asset Management Pvt., a joint venture between Jio Financial Services and BlackRock, to begin mutual fund operations in India.</li><li>The joint venture aims to capitalize on the strengths of both companies - JFSL’s digital reach and local market insight, along with BlackRock’s global investment expertise and risk management technology.</li><li>Sid Swaminathan, former head of international index equity at BlackRock, has been appointed as the managing director and CEO of JioBlackRock Asset Management.</li><li>Key features of the investment offerings include competitive pricing, innovative products, and utilization of BlackRock's risk management platform Aladdin, with a focus on a digital-first customer proposition.</li></ul>

Jio Finance Share Price Up After BlackRock JV Receives SEBI Approval For Mutual Funds Business

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