Boharr Global IFSC Goes Live in GIFT City
Boharr Global IFSC Private Limited has officially started operations in GIFT City, offering a digital platform for investor onboarding, compliance, and transaction management.
The platform provides a complete end-to-end solution for asset management companies (AMCs), alternative investment funds (AIFs), portfolio management service (PMS) providers, custodians, and other regulated entities operating under the IFSCA framework.
The company said its solution helps firms launching inbound or outbound funds in GIFT City by providing ready-to-use, compliant infrastructure, eliminating the need to build multiple systems from scratch.
Scripbox Acquires Bluechip Capital’s Mutual Fund Distribution Business
Wealthtech platform Scripbox has acquired the mutual fund distribution business of Delhi-NCR-based Bluechip Capital as part of its expansion strategy in North India.
Founded in 1993 by Ravi Kohli, Bluechip Capital has built a strong presence in mutual fund distribution and wealth management, serving clients for over three decades.
Founded in 2012 by Atul Shinghal and Sanjiv Singhal, Scripbox offers mutual fund investment, financial planning, and digital wealth management services powered by technology and AI.
Rovia Raises $1 Million in Pre-Seed Funding
Bengaluru-based wealthtech startup Rovia has raised $1 million in a pre-seed funding round led by Antler India. The round also saw participation from CDM Capital, AC Ventures, Operators Studio, and several angel investors from India and the US.
The company plans to use the fresh funds to expand its engineering and product teams, strengthen brokerage and financial infrastructure integrations, and enhance its regulatory and compliance capabilities.
Founded in 2025 by Shivang Badaya and Arnav Grover, Rovia is a global wealth platform that helps employees manage equity compensation such as RSUs and stock plans. The platform allows users to transfer, track, diversify, and reinvest their equity holdings through a single interface. The platform has obtained SEC-registered investment adviser status in the United States.
Dhan’s parent firm Raise Financial launches ‘Millions’ for Gen Z investors
Raise Financial Services, the parent of stockbroking platform Dhan, has launched a new investment app called Millions, aimed at Gen Z and first-time investors.
The app offers goal-based investing across mutual funds, stocks, SIPs, and IPOs. Users can start investing without any onboarding fees, while direct equity investments come with no brokerage charges.
Founded in 2021 by Pravin Jadhav, Alok Pandey, and Jay Prakash Gupta, Raise Financial Services. Millions is a simple investing and stock broking app built for young people who are still figuring money out. The app is designed to make investing feel less intimidating, easier to understand, and simpler to start without complicated finance jargon.
Raise is also expanding beyond stockbroking into broader financial services. The company has recently acquired GreenLife Insurance Broking
