Capital Products
Nexedge Capital reports $20 million maiden funding round
Image: Primary Nexedge Capital said it raised $20 million in primary capital led by Mirae Asset Venture Investment and Elev8 Venture Partners. The India-focused wealth-management and multi-family-office firm said it will use the money to strengthen its technology platform, expand its senior-banker network and broaden its footprint, including in tier 2 and tier 3 cities. Nexedge also plans complementary offerings including an NRI proposition and an NBFC business.
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