Tag: Wealth management
Peak XV leads Rs 350 crore funding round in wealth manager Neo Group
Wealth and asset management firm Neo Group has signed definitive agreements to raise about Rs 350 crore ($36.3 million) in a funding round led by…
Groww Q1 profit nearly doubles to Rs 735 crore; MTF, commodities gain share
Net profit for April-June quarter nearly doubled for Billionbrains Garage Ventures, which operates wealthtech platform Groww, with a 94% year-on-year increase to Rs 735 crore…
Lalit Keshre wins Entrepreneur of the Year for taking Groww to a Rs 1.36 lakh crore publicly traded fintech in a decade
Lalit Keshre, cofounder and chief executive of Groww, took less than a decade to build the country’s largest stock broking platform, disrupting traditional brick and…
Ionic Wealth Onboards Rohit Suri as the CEO of UHNI Business
Wealth-tech platform Ionic Wealth has brought on board Rohit Suri as the chief executive officer of its UHNI business. A seasoned private banker, Suri will…
AI-led wealthtech rising as VCs bet on a fintech disruption
Venture investors are betting big on artificial intelligence-driven wealth management services, which are emerging as a disruptive segment within India’s fintech landscape. As middle-income Indians…
Family Offices Have Become the New Power Players on Wall Street| Business News
Family offices are the new power players on Wall Street. Representational purposes only. A growing number of wealthy Americans are launching family offices, firms that…
Unwelcome GIFT: Parking wealth abroad just got tougher for Indian family offices
Mumbai: Wealthy Indian families planning to move money out of the country by floating investment funds in the GIFT City are hitting a hurdle. The…
Wealth management platform Dezerv taps Susmit Patodia as group head
Wealth management platform Dezerv appointed former Accenture executive Susmit Patodia as group head of business and new initiatives, according to a company statement on Tuesday….
Groww eyes affluent investors, wealth management growth as it gears up for Rs 7,000 crore IPO
As it gears up to list on Indian stock exchanges, wealthtech startup Groww is looking to expand its affluent user base, and upsell more than…
gic: Groww set to file revised draft IPO papers next week
Online investment platform Groww is likely to file its updated draft prospectus with the Securities and Exchange Board of India (Sebi) by next week, said…