Singapore-based The Xander Group pumps in Rs 78 crore in Mumbai’s Sanctum Wealth

Zeebiz, Sep 27, 2021

The funds will be used to strengthen Sanctum’s operating platform and increase its client coverage. Global Investment firm ‘The Xander Group’ has invested Rs 78 crore in Sanctum Wealth, a Mumbai-headquartered wealth management company, which oversees more than Rs 16,000 crore in high-net-worth client assets and operates across six major cities in India. The investment…

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

sg.finance, Sep 27, 2021

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, as well as strengthen its operating platform. “Our partnership with The Xander Group, with whom we share…

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Family governance: A conflict-free structure for passing on your wealth to heirs

moneycontrol, Aug 20, 2021

Family governance is a set of rules put together by a family. This set of formal and informal rules structures the decision-making processes in family businesses SNEHA MAKHIJA Despite families devising plans for passing their wealth, we still hear about sibling rivalry, business partition and family conflicts over their respective shares. Have you pondered the…

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Where to invest a million rupees right now?

economictimes, Aug 4, 2021

Synopsis Concerns around growth and inflation are manifesting at a time when valuations in domestic and global equities are at their record highs, which is adding to the sense of vulnerability of investors. We spoke to some of the biggest asset managers in India on how they will go about deploying a hypothetical sum of…

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