Equirus Group secures ₹125 crore from Amicus Capital Partners and others, with Federal Bank partially exiting.

Equirus Group has secured ₹125 crore in funding from Amicus Capital Partners and other investors, marking Amicus’s third investment in the firm. This capital will bolster Equirus's expansion in investment banking, wealth management, and technology. Federal Bank will partially exit while remaining a shareholder. Equirus aims to enhance its operations and client services with this investment, as stated by managing director Ajay Garg.

October 11, 2024
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