Economictimes, Sep 27, 2021
The wealth management company, which manages assets worth Rs 16,000 crore, aims to use the funds to strengthen its operating platform and improve its client coverage. Sanctum Wealth Management today announced an investment of Rs 78 crore in the company from Xander Group, a press statement by the company said. The wealth management company, which…
Read MoreThehindubusinessline, Sep 27, 2021
The investment will be made through Xander’s Singapore-based financial services arm and the funds will be used to strengthen Sanctum’s operating platform and increase its client coverage The Xander Group Inc., a global investment firm, invested ₹78 crore in Sanctum Wealth, a wealth management company. The investment will be made through Xander’s Singapore-based financial services…
Read MoreVccircle, Sep 27, 2021
Global investment firm The Xander Group said it has invested Rs 78 crore (around $10.5 million) in Mumbai-headquartered wealth management company Sanctum Wealth. The firm said the investment will be made through Xander’s Singapore-based financial services arm and the new round of capital will be used to strengthen Sanctum’s operating platform and increase its client…
Read MoreYourstory, Sep 27, 2021
Sanctum Wealth started operations in 2016 after it acquired the Royal Bank of Scotland’s Indian private banking business. Mumbai-based Sanctum Wealth said on Monday it has raised Rs 78 crore in funding from The Xander Group’s Singapore-based financial services arm. Sanctum said it will use the investment to target more clients and increase client coverage,…
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