BANKING & FINANCE Neo Group Appoints Anirban Banerjee As Co-Founder & Chief People Officer

Wealth and asset management firm Neo Group has appointed Anirban Banerjee as Co-founder and Chief People and Transformation Officer, bolstering its leadership team as the company accelerates the expansion of its wealth and asset management platform. In his new role, Banerjee will lead Neo Group’s people strategy, talent development, leadership capability, organisation design, culture and […]

CW Bureau · Jul 27, 2026

BANKING & FINANCE Northern Arc Capital Banks On Tech, Retail Lending And Risk Management

Northern Arc Capital is gearing up for its next phase of growth by deepening its technology-led credit ecosystem, expanding its direct-to-customer lending business and exploring new opportunities in digital distribution and wealth management. In his message to shareholders in the company’s Annual Report 2026, Managing Director & CEO Ashish Mehrotra said the company’s long-term strategy […]

CW Bureau · Jul 26, 2026

GENERAL IIM Mumbai Launches Executive MBA In Wealth Management In Neo Tie-up

The Indian Institute of Management (IIM) Mumbai has launched a one-year Executive MBA in Wealth Management in collaboration with Neo Wealth and Asset Management, aiming to equip financial services professionals with specialised expertise in one of India’s fastest-growing segments. The programme was formally inaugurated on July 15 at the institute’s Powai campus, with classes commencing […]

CW Bureau · Jul 22, 2026

STARTUP/TECHNOLOGY Paytm Defers Bonus Issue For Now, To Focus On Growth And Profitability

One 97 Communications Ltd (Paytm), a leading digital payments and financial services company, has decided not to proceed with its proposed bonus share issue for the time being, choosing instead to prioritise growth and profitability to create long-term shareholder value. The company said the Board, after evaluating the proposal and holding detailed deliberations, concluded that […]

CW Bureau · Jul 21, 2026

BANKING & FINANCE Neo Group Secures ₹350 Cr In New Funding Led By Peak XV Partners

Integrated wealth and asset management platform Neo Group has signed definitive agreements to raise approximately ₹350 crore in a funding round led by Peak XV Partners, reinforcing investor confidence as the company accelerates its next phase of expansion. The latest investment marks a deeper commitment from Peak XV Partners, Neo Group’s earliest institutional investor. The […]

CW Bureau · Jul 16, 2026

BANKING & FINANCE Wealth First Acquires 51% In Mumbai Wealth Firm, Targets ₹20,000 Cr AUM

Wealth First Portfolio Managers Ltd has acquired a 51% stake in Mumbai-based Wealth First Advisors Pvt. Ltd. (WFAPL) at an equity valuation of ₹102.15 crore, with a five-year target of more than doubling its assets under management (AUM) to around ₹20,000 crore. Ahmedabad-based Wealth First, India’s first listed independent financial advisor (IFA) practice, said the […]

CW Bureau · Jul 1, 2026

BANKING & FINANCE YES Bank, Northern Arc Capital Tie Up For Credit Access, Digital Lending

YES Bank and Northern Arc Capital have entered into a strategic partnership to expand access to credit, scale digital lending and provide debt investment opportunities to customers. The collaboration brings together YES Bank’s balance-sheet strength, digital infrastructure and distribution capabilities with Northern Arc Capital’s underwriting expertise, technology platforms and origination network to expand formal credit […]

CW Bureau · Jun 19, 2026

BANKING & FINANCE CAMS Doubles Down On AI, Platform Modernisation Amid Diversification

Computer Age Management Services Ltd (CAMS) is strengthening its technology-led growth strategy with continued investments in platform modernisation, digital architecture, automation and artificial intelligence (AI), as the company seeks to consolidate its leadership in India’s rapidly expanding financial services ecosystem. In his message to shareholders in the company’s Annual Report 2025-26, CAMS Chairman Dinesh Kumar […]

CW Bureau · Jun 16, 2026

BANKING & FINANCE State Bank Of India Bets On Digital First, AI-Led Banking Transformation

State Bank of India, the country’s largest lender, plans to deepen its “Digital First, Customer First” strategy with increased investments in technology, artificial intelligence, cybersecurity and digital infrastructure as part of its next phase of transformation. “The next phase of our transformation will focus on delivering deeply personalised, seamless, and intuitive banking experiences across all […]

CW Bureau · May 27, 2026

STARTUP/TECHNOLOGY HCLTech To Buy Finergic To Digitise Wealth Management

HCLTech, a leading global technology company, on January 23 announced that it has signed a definitive agreement to acquire Finergic Solutions Pte Ltd, a boutique wealth consulting firm headquartered in Singapore. The acquisition at a cost of 19 million Singapore Dollars will be fully for cash consideration. The transaction is expected to close by April […]

CW Bureau · Jan 23, 2026

STARTUP/TECHNOLOGY AssetPlus Raises ₹175 Cr To Build Assisted Wealth Management

Digital-assisted wealth management platform AssetPlus has raised ₹175 crore in a funding round led by Nexus Venture Partners. The round marks a significant step in the company’s mission to build a sustainable, distributor-led wealth management infrastructure in India. AssetPlus has also been backed by investors such as Eight Roads Ventures and Rainmatter by Zerodha. While […]

CW Bureau · Jan 19, 2026