“With all regulatory approvals the investment has come into the Edelweiss Group,” said a senior executive familiar with the matter. This investment will help in scaling up the Wealth franchisee and will also aid in funding other growing businesses including Alternatives, Asset Reconstruction, Life & General insurance, mutual funds & retail lending.
source https://economictimes.indiatimes.com/industry/banking/finance/edelweiss-raises-rs-2400-cr-from-pacific-alliance-group/articleshow/81637171.cms
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