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Jio Financial Services infuses Rs 147.45 crore in Allianz Jio Reinsurance
Mar-06-2026

Jio Financial Services has infused Rs 147.45 crore in its joint venture - Allianz Jio Reinsurance (AJRL). The fund infusion has been done through allotment of 14,74,50,000 equity shares of Rs 10 each of AJRL to the company. AJRL will utilise the amount to fund its business operations. The aggregate investment by the company in AJRL till date is Rs 150 crore.

Jio Financial Services (JFSL) operates its financial services business through its consumer facing subsidiaries namely Jio Finance (JFL), Jio Insurance Broking (JIBL) and Jio Payment Solutions (JPSL) and joint venture namely Jio Payments Bank (JPBL).

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