The Times Group Acquires OpiGo to Strengthen ET Now’s Fintech Platform
Mumbai: The Times Group has acquired OpiGo, India’s leading marketplace for SEBI-registered investment experts. The acquisition aims to strengthen ET Now’s fintech ecosystem and offer a better investing experience for retail investors. After integrated, OpiGo will become part of ET Now’s platform.
SEBI introduces GARUDA mechanism to Fast-Track AIF Launches
The Securities and Exchange Board of India has introduced a new framework to speed up the launch of schemes by alternative investment funds through a green-channel mechanism called GARUDA. Under the new rules, regular AIF schemes can be launched within 10 working days of filing the memorandum with SEBI.
InCred Wealth Launches New Wealth Management Business, InCred Black
InCred Wealth and Investment Services, part of the InCred Group, has launched a new wealth management business called InCred Black. The company has appointed former Avendus executives Alok Agarwal and Harmeet Sahney to lead the new business, which will focus on serving ultra-high-net-worth (UHNW) individuals. InCred Black will operate as a subsidiary of InCred Wealth.
