Believe me, it’s not... • 9m
In India, billions of dollars are managed on excel and pen/paper. Brokers, small distributors, and family offices lack comprehensive software to manage data and client portfolios. A company looking to solve this: Centricity picked up $20 M in a seed round. ⏩Investors include: Lightspeed, Paramark VC, and Family offices of M.S. Dhoni and NB Ventures. 💡Centricity offers - - Analytics, reporting and insights for Single Family Offices and HNIs via Invictus platform - OneDigital: A discovery platform that provides -> a). Comprehensive list of products from asset management companies b). Access to PMS managers c). AIF's - listed/private equities, and debt opportunities d). Digitally onboarding for distributor's customers, transaction and reporting tools. 📄As per a SEBI report -> AMCs are unwilling to focus on distribution channels outside the Top 200 districts by GDP. The AUM earned for every rupee spent is not economically viable(89.75% of all the distribution costs by AMCs are incurred in the T-15 cities). ⏯️Startups like Centricity will help improve the under-penetrated asset management market.
Idea hamster 💡 • 11m
India now has more than 300 family offices, up from 45 in 2018, revealed a latest report by PWC India. The report further highlighted that family offices are increasingly investing in startups, diversifying their portfolios, and seeking higher retur
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Hey medial family!! "Looking for an Excel wizard to streamline your data management? I specialize in data analysis, organization, and reporting to help your business thrive. From dynamic dashboards to error-free spreadsheets, I can deliver tailored
See MoreBuilding Strategies ... • 6m
Azim Premji and Ranjan Pai's family offices are set to invest approximately $100 million in Akasa Air, acquiring a minority stake, according to The Economic Times. This investment is part of a larger funding round worth $130-$140 million, which value
See MoreCreativemind , HR , ... • 1y
Just a quick question what will happen when Family business take a step in startup world? Answer: 1)The cashflow problem will be solved,the customer retention is so great that competitor will not compete also 2) The investment will in the asset and
See MoreBusiness Development... • 4m
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See MoreBusiness Development... • 4m
"Streamline Your Finance Functions with Osource Global's Finance & Accounting Outsourcing Service! Is managing your finance and accounting operations becoming a challenge? Outsource your finance functions to Osource Global and: - Reduce costs by u
See MoreBusiness Development... • 4m
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