MUMBAI -- A slate of regulatory approvals have buoyed the ambitions of India's Jio Financial Services, backed by Asia's richest man, Mukesh Ambani, to disrupt the country's financial services industry through joint ventures with big-name players in asset management and insurance.
Finance
India's Jio Financial bets on asset, insurance tie-ups for growth
Reliance-backed company has won regulatory approvals in recent months
Although Jio Financial's joint ventures face competition in sectors like insurance, mutual funds likely represent the largest market opportunity for the company, analysts say. © Reuters
Read Next
Latest on Finance
