Private Equity PE Fund Investments
Neo Asset Management raises Rs 32-Cr
Mumbai-based wealth and asset management firm Neo has raised INR 32 crore (approximately USD 3.85 million) from Bridgemonte Advisors, Morde Foods and SN Damani Developers. Neo will issue 1,226 equity shares at an issue price of INR 2,60,799 each to the investors.Founded by Nitin Jain, Neo offers advisory and yield-based investment solutions to its clientele.
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In Oct-23, Neo Asset Management had raised over USD 35 M from Peak XV Partners.