BSE to explore the launch of derivatives in India linked to MSCI Indexes
BSE Limited (formerly Bombay Stock Exchange) is pleased to announce that it has entered into an agreement with MSCI for a number of their indexes. BSE will explore the launch of futures and options contracts in India linked to these indexes, subject to regulatory approvals. This strategic step anchors BSE’s role to further developing the Indian capital market.
BSE Limited, established in 1875, is Asia’s oldest stock exchange and among the world’s largest in terms of the number of listed companies. MSCI indexes are amongst the world’s most widely tracked benchmarks.
Nexedge Capital Raises $20 Million Funding
Wealthtech startup Nexedge Capital has raised $20 million in a funding round led by Mirae Asset Venture Investment and Elev8 Venture Partners.
The New Delhi-based company will use the funds to improve its technology platform, expand its network of senior bankers, and grow its presence across India, especially in Tier 2 and Tier 3 cities. Nexedge also plans to launch new services for NRI clients and strengthen its NBFC business.
Sharan Hegde’s 1% Club has launched an AI CFO.
1% Club Launches AI CFO for Personalised Financial Guidance. Finance creator Sharan Hegde’s 1% Club is an education-led fintech platform that helps people make smarter decisions with their money.
BranchX has raised USD 1 million.
BranchX has raised USD 1 million equivalent from our existing investors and financial institutions through a combination of equity and debt.
