SIF360 launched GiftCity360 – India’s First™ GIFT City Intelligence Platform
Delhi based SIF360 launched new platform GiftCity360 to track GIFT City Funds. A new intelligence and discovery platform for GIFT City investments is being developed, enabling users to discover GIFT City funds and fund managers, track NAVs and performance, explore portfolio holdings, and compare different funds and investment strategies—all in one place.
GIFT City distributors can sell products originating from UAE, Singapore, Australia, EU.
The International Financial Services Centres Authority (IFSCA) has expanded the list of specified jurisdictions for distributors registered in the International Financial Services Centre (IFSC), adding the UAE, Singapore, Australia and the European Union. After this development, the distributors operating in GIFT city can sell the products which are regulated from these jurisdictions.
Moneyview’s IPO opens for public subscription on September 24.
Moneyview, digital lending platform Moneyview has raised ₹327.5 crore from anchor investors ahead of its ₹1,092 crore IPO.
The Bengaluru-based fintech company allotted 9.63 crore shares at ₹34 per share, the upper end of the IPO price band, on September 23. The funds were raised from 12 anchor investors, including leading mutual funds and institutional investors.
SEBI, RBI launch ‘Demat 2.0’ pilot for corporate bond.
The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) launched “Demat 2.0” a pilot program to test the tokenisation of corporate bonds and quicker settlement using the central bank digital currency and blockchain technology
