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The wealth management arm of Complete Circle Capital, founded by Gurmeet Chadha and Kshitiz Mahajan in 2015, will use the capital to accelerate growth and expansion plans. It also plans to roll out AI-based technology to help investors and clients.
These funds will help the wealth division to realise its fintech ambitions and also upscale its proprietary AI-based model, Complete AQi. The platform aims to enhance investing experience in mutual funds and other products.
“We are excited to partner with Complete Circle in this journey. The investment landscape in India is evolving with a wider participation from younger investors. It requires us to reimagine wealth management to become more inclusive, yet simple,” Rajeev Juneja of Mankind Pharma said.
The funds raised will also be used to expand the firm’s geographic reach from eight locations to 25 across India. Currently, Complete Circle manages assets worth over ₹4,000 crore and ranks among the fastest growing firms in the space.
First Published: Jan 8, 2025 6:34 AM IST