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Old logo of Indiabulls. The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, whose primary businesses are housing finance, consumer finance, and real estate. The group also has a presence in wealth management, construction-equipment rentals, pharmaceuticals, and LED lighting. [ 1][ 2]
Mutual fund statistics. The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$610 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$99 billion) recorded in December 2013.
ET Money is an Indian fintech and wealth management platform which was founded in 2015 . [ 2] It offers a variety of financial products and services, including mutual funds, insurance, fixed deposits, NPS and SIPs. [ 3] The investments tracked and managed on the app is US$3 billion ( ₹ 22,500 crore) as of March 2022.
Groww, an Indian startup that is helping millennials invest in mutual funds and stocks, is in advanced stages of talks to raise a new financing round at a $3 billion valuation, according to six ...
Bangalore-headquartered Groww said on Thursday it had raised $30 million in its Series C financing round. ... the growth-stage investment fund of Y Combinator, led the round, while existing ...
Groww has tripled its valuation to $3 billion in just six months as the Indian fintech startup looks to broaden its offerings and help more millennials start their investment journey in the world ...
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
Navi acquired Essel Mutual Fund, which was given approval by SEBI in December 2020. [20] In May 2021, Navi Mutual Fund moved their headquarters from Mumbai to Bengaluru , making it the first Bengaluru – headquartered asset management company.