FundsIndia has raised Rs 44.6 crore through its maiden private placement of secured non-convertible debentures, marking its entry into the corporate debt market. The proceeds will be used to strengthen its technology platform and expand investment offerings, as affluent investors increasingly seek fixed-income products for diversification amid evolving market conditions.
FundsIndia has raised Rs 44.6 crore through its maiden private placement of secured non-convertible debentures, marking its entry into the corporate debt market. The proceeds will be used to strengthen its technology platform and expand investment offerings, as affluent investors increasingly seek fixed-income products for diversification amid evolving market conditions.
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