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Xander Group invests Rs 78 crore in Sanctum Wealth

Thehindubusinessline, 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…

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The Xander Group invests $10.5 mn in Mumbai-based wealth management firm Sanctum

Vccircle, 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…

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[Funding alert] Mumbai fintech company Sanctum Wealth raises Rs 78 Cr from The Xander Group

Yourstory, 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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The Xander Group Inc. Invests INR 78 crore in Sanctum Wealth

Bwdisrupt.businessworld, 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 Global Investment firm The Xander Group, Inc., has invested ₹78 crores in Sanctum Wealth, a Mumbai-headquartered wealth management company that oversees more than ₹16,000 crores in high-net-worth client…

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