Gandhinagar: Indian regulators have halted the approval of local family offices setting up investment funds in the country's new financial hub, due to concerns that these structures might be used to bypass taxes and capital controls, Bloomberg reported citing sources.
Jio Financial Services enters into JV with US-based BlackRock for wealth management and broking biz
Mumbai: Jio Financial Services has announced a joint venture with the US-based multinational investment company BlackRock for wealth management and broking operations in India.
Amazon invests in Indian fintech platform Smallcase
Bengaluru/IBNS: Amazon has made its debut in India's wealth management sector, taking part in the $40 million Series C round funding by platform Smallcase. The other leading investors in the round were Faering Capital and Premji invest.
Indian Bank partners with Fisdom to offer Wealth Management solutions
Kolkata: Indian Bank, 7th largest public sector bank, has partnered with the leading wealth-tech company Fisdom to offer a comprehensive suite of wealth management products and services to the bank’s 10 Crore customers.