New Delhi, April 6 Valura.ai, an AI-native global investment platform, announced on Monday the onboarding of over 1,000 wealth advisors across India ahead of its official launch, with a combined assets under management (AUM) pipeline exceeding Rs 3,000 crore over the next 12-18 months.The...
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Mumbai, March 31 Piramal Finance's total assets under management have crossed Rs 1 lakh crore, and the non-bank lender is keen to acquire a microfinance institution to fuel the next stage of growth, a top official has said.The company is aiming to increase its AUM to Rs 1.5 lakh crore by the...
New Delhi, March 23 Svatantra Microfin Pvt Ltd announced on Monday that it has completed its merger with Chaitanya India Fin Credit Pvt Ltd (CIFCPL) and Svatantra Holding Pvt Ltd following approval from the NCLT.The approval for the amalgamation was granted by the National Company Law Tribunal...
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Managed Investments Industry Set to More Than Double by 2030
India’s managed investments industry is projected to expand sharply over the next five years, with assets under management expected to touch Rs 455 lakh crore by March 2030, according to a report released by Crisil Intelligence on...
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Aye Finance IPO Listing: Stock Opens at Par on NSE and BSE
New Delhi, February 16: Shares of non-banking financial company Aye Finance made a flat debut on the stock exchanges on Monday, listing at Rs 129 per share, in line with the upper end of its issue price band.The stock opened at Rs 129...