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
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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
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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
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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
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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
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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
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Jan 19, 2026
