The Xander Group has invested Rs 78 crore (around $10.5 million) in Mumbai-based wealth management firm Sanctum Wealth, signaling confidence in the growing wealth management market in India.
Information on the Target
Sanctum Wealth, headquartered in Mumbai, is a prominent wealth management firm that specializes in providing customized financial services to high-net-worth individuals and families. The company offers a wide range of services including investment management, financial planning, and estate management, leveraging a team of experienced professionals to tailor solutions that meet the unique needs of its clients.
Founded with the vision to redefine the wealth management sector in India, Sanctum Wealth aims to create long-lasting trust with its clientele. The firm's focus on personalized service, strategic investment options, and holistic financial advice positions it well to capitalize on the growing demand for wealth management services in the country.
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Industry Overview in India
The wealth management sector in India has witnessed substantial growth in recent years, fueled by rising disposable incomes, an expanding affluent population, and increased finan
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The Xander Group
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Disclosed details
Transaction Size: $11M