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flag JioBlackRock raises over $2.1B in India's asset management sector, attracting thousands of investors.

flag JioBlackRock Asset Management, a joint venture between Jio Financial Services and BlackRock, raised over $2.1 billion in its first New Fund Offer (NFO) in India. flag The NFO, which ran for three days, attracted investments from over 90 institutional investors and 67,000 retail investors, placing JioBlackRock among the top 15 asset management firms by debt assets under management in India. flag The funds offer diverse investment choices for managing cash and short-term allocations.

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