Ashika Credit Capital has received In-Principal approval from SEBI for sponsoring a Mutual Fund.
Accordingly, the Company would be setting up an Asset Management Company and the Trustee Company, in accordance with applicable SEBI Regulations and other applicable laws.
Ashika began its journey with humble beginnings in Kolkata and expanded its operations in Mumbai. Currently providing gamut of services in its various segments like Capital Market.
India’s wealthtech funding climbs to $634 Mn in 2024–25 – ENTRACKER
India’s wealthtech startup ecosystem is attracting strong consumer and investor interest as technology-driven platforms transform how individuals manage, grow, and invest their money.
According to data compiled by Entrackr, Indian wealthtech startups raised over $634 million across 51 deals involving 39 startups during 2024 and 2025. However, the sector saw limited large-ticket rounds, with only six deals of $30 million or more, including Syfe’s $53 million round, Smallcase’s $50 million Series D led by Elev8 Venture Partners, Neo’s $48 million raise, and Dezerv’s $40 million round co-led by Premji Invest and Accel. Report Report
