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MobiKwik acquires online wealth management platform Clearfunds

TMT

11 October, 2018

MobiKwik acquires online wealth management platform Clearfunds

Digital payments firm One MobiKwik Systems Pvt. Ltd has acquired online wealth management platform Clearfunds, entering a segment where bigger ......

Anand Rathi Wealth files for $58 mn IPO

Finance

25 September, 2018

Anand Rathi Wealth files for $58 mn IPO

Financial services major Anand Rathi Group has filed a draft prospectus to list its wealth management arm through an initial ......

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Lightspeed India, PE veteran invest in fintech startup

TMT

28 August, 2018

Lightspeed India, PE veteran invest in fintech startup

Venture capital firm Lightspeed India Partners and a private equity veteran who co-founded a domestic fund have invested in a ......

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Anand Rathi Group set to take wealth management unit public

Finance

16 August, 2018

Anand Rathi Group set to take wealth management unit public

Financial services major Anand Rathi Group is looking to take its wealth management arm public in the current financial year ......

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PE firm Advent eyeing best-ever India returns as ASK Investment files for IPO

Finance

07 August, 2018

PE firm Advent eyeing best-ever India returns as ASK Investment files for IPO

US-headquartered private equity firm Advent International is poised to score its best-ever returns from an Indian portfolio firm by selling ......

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Indian bank in race for Deutsche Bank's local retail and wealth biz

Finance

15 January, 2018

Indian bank in race for Deutsche Bank's local retail and wealth biz

An Indian lender is in talks to acquire the retail and wealth management business of Germany’s Deutsche Bank, two people ......

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Sanctum Wealth readies growth plan after consolidating RBS India private banking biz

Finance

07 September, 2017

Sanctum Wealth readies growth plan after consolidating RBS India private banking biz

Sanctum Wealth Management Pvt. Ltd aims to grow the assets its manages for clients four-fold by 2020, as the company ......

Julius Baer names Ashish Gumastha as chief of India wealth management biz

People

04 July, 2017

Julius Baer names Ashish Gumastha as chief of India wealth management biz

Swiss private banking group Julius Baer has appointed Ashish Gumashta as chief executive officer of its wealth management business in ......

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Asset management, credit to generate bulk of revenue by 2020: Avendus CEO Vohra

Finance

01 May, 2017

Asset management, credit to generate bulk of revenue by 2020: Avendus CEO Vohra

Avendus Capital has made a mark for itself as the go-to investment bank in the digital and technology segment. Over ......

Edelweiss names Ashish Kehair deputy CEO of global wealth management

People

20 April, 2017

Edelweiss names Ashish Kehair deputy CEO of global wealth management

Diversified financial services firm Edelweiss Group on Thursday announced the appointment of Ashish Kehair as deputy chief executive officer of ......