wealth management
Finance
IIFL Wealth to acquire south India-focussed wealth management firm for $35 mn
IIFL Wealth Management Ltd, a unit of financial services company IIFL Holdings, will acquire 100% stake in Chennai-based wealth...
TMT
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...
Finance
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 ......
TMT
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...
Finance
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 ......
Finance
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...
Finance
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 ......
Finance
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 ......
People
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 ......
Finance
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 ......
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