Groww IPO charges up new deal activities in wealthtech startups

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With wealthtech startup Groww, the largest stock broker in India, going public, private market investment sentiments are turning buoyant.

A bunch of investment deals are brewing in startups which are building digital platforms to offer services across stock broking, wealth management and mutual fund distribution, according to people with knowledge of the matter.

AssetPlus, a Chennai-based startup which helps mutual fund distributors digitise their businesses, is looking to secure $18 million in a fresh funding round led by Nexus Venture Partners, said…



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Groww IPO charges up new deal activities in wealthtech startups


With wealthtech startup Groww, the largest stock broker in India, going public, private market investment sentiments are turning buoyant.

A bunch of investment deals are brewing in startups which are building digital platforms to offer services across stock broking, wealth management and mutual fund distribution, according to people with knowledge of the matter.

AssetPlus, a Chennai-based startup which helps mutual fund distributors digitise their businesses, is looking to secure $18 million in a fresh funding round led by Nexus Venture Partners, said…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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