🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

JM Financial Asset Management launches maiden Rs 1,500 Cr pre-IPO AIF

EntrackrEntrackr · 2d ago
JM Financial Asset Management launches maiden Rs 1,500 Cr pre-IPO AIF
Medial

JM Financial Asset Management has announced the launch of its first pre-IPO Alternative Investment Fund (AIF), “The Pre-IPO Fund,” under Category II. Approval for the fund was recently granted by the Securities and Exchange Board of India (SEBI), marking a strategic expansion of the firm’s AIF division into the fast-growing pre-IPO investment space. The launch of the Pre-IPO Fund aims to build a comprehensive AIF ecosystem to support India’s next wave of enterprise growth. The platform is structured to provide specialised capital solutions across credit, real estate, and pre-IPO opportunities. The Pre-IPO Fund will focus on investing in companies expected to list within 18 months. Pre-IPO investments have emerged as an important avenue for generating superior risk-adjusted returns, particularly as India’s startup and private markets continue to mature. The fund will be managed by Jaisinh Suchak, Managing Director – Alternative Investment Funds at JM Financial Asset Management, who brings over 23 years of experience in financial services and more than a decade of buy-side expertise. With the introduction of its first Pre-IPO AIF, JM Financial Group continues to diversify its private equity offerings and strengthen its position as a trusted investment partner. The firm aims to leverage its deep market insights, strong governance practices, and proven fund management capabilities to unlock differentiated opportunities for investors in India’s evolving private markets landscape.

Related News

InCred Money secures Rs 250 Cr from marquee investors at $200 Mn valuation

EntrackrEntrackr · 5m ago
InCred Money secures Rs 250 Cr from marquee investors at $200 Mn valuation
Medial

InCred Money secures Rs 250 Cr from marquee investors at $200 Mn valuation InCred Money, the wealth and asset management arm of InCred Group, has raised Rs 250 crore ($30M) from investors including Ranjan Pai, Ram Nayak, Mankind Family Office, MMG Family Office, Ravi Pillai Family Office, and Raj Vattikutti Foundation. According to Entrackr sources, the fresh capital values InCred Money at around Rs 1,650 crore (roughly $200 million). Founded by Bhupinder Singh, InCred Group runs three key businesses: InCred Finance (a retail and MSME-focused NBFC), InCred Capital (wealth and asset management, M&A advisory, capital markets, and broking), and InCred Money. The group positions itself as a tech-driven financial services firm leveraging data science and proprietary risk models. InCred Money offers investment options across unlisted shares, fixed deposits, gold, silver, and more. According to the company’s website, the platform is used by over 1.5 lakh investors. The fresh fundraising comes as InCred Holdings gears up for a public market debut. The parent is preparing for an IPO with a total issue size pegged at $460–560 million, including a Rs 1,500 crore fresh issue and a Rs 300 crore pre-IPO placement. On the financial front, InCred Finance, the group’s lending arm, recorded a 47% year-on-year jump in revenue to Rs 1,872 crore in FY25, while profits rose 18% to Rs 374 crore. InCred Capital had earlier secured $50 million from family offices to expand its wealth and capital markets operations. With this funding, InCred Money becomes part of the growing wave of wealth management startups getting strong investor interest, as more Indians turn to digital platforms to manage their money.

Prudent Equity launches maiden fund with minimum ticket size of Rs 50 lakh

EntrackrEntrackr · 1y ago
Prudent Equity launches maiden fund with minimum ticket size of Rs 50 lakh
Medial

The Gurugram-based wealth management firm Prudent Equity has launched its maiden growth strategy Portfolio Management Service (PMS). This fund leverages a proven bottom-up value investing approach to capture mispriced opportunities while prioritizing capital protection. According to Prudent Equity, the fund will provide with a minimum investment of Rs 50 lakh, which is designed for investors seeking long-term capital appreciation over 36 to 60 months. The fund is tailored to meet the needs of a diverse range of investors, including (HNWIs) and (UHNWIs), offering a solution for medium- to long-term investment goals. Prudent Equity aims to achieve Rs 250 crores in Assets Under Management (AUM) for the growth strategy PMS Fund by the end of 2025. Launched in 2012 by Siddharth Oberoi, Prudent Equity is an asset management company serving family offices, HNI and retail investors. Since inception, The platform focuses on serving individuals, families and corporations by providing actionable advice on their equity investments. The growth strategy PMS fund will align with its aim of consistently meeting investor needs and providing services. Since its inception in 2012, It claims that it has maintained a client-centric approach, as demonstrated by the strong performance of its Alternative Investment Fund (AIF) launched in 2022. The platform also claims that its existing ACE fund has recently delivered 75% return over the past 12 months, compared to 37% for the benchmark.

Download the medial app to read full posts, comements and news.