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Zerodha's AMC 'Zerodha Fund House' in talks to raise up to $100 million in funding: Report

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Zerodha's AMC 'Zerodha Fund House' in talks to raise up to $100 million in funding: Report

Zerodha Fund House, the asset management company of Zerodha, is reportedly in talks to secure up to $100 million in external funding. The move comes as Zerodha aims to expand its mutual fund offerings and strengthen its position in the competitive stock broking and asset management market. Zerodha Fund House is a joint venture between Zerodha and Smallcase, offering transparent and affordable mutual fund options to investors. The fundraising efforts indicate a strategic shift for Zerodha, which has been self-funded since its establishment in 2010. The Indian asset management industry is experiencing increased competition with the entry of new players and the launch of new mutual fund schemes.

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Sujit Memane
Sujit MemaneThe Future Billionaire....

Great

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8 months ago

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