Equirus buys Credence Family Office for about ₹100 crore, expanding its wealth management assets.
Financial services firm Equirus has acquired Credence Family Office for around ₹100 crore, creating the Equirus-Credence Family Office. This merger, which allows TIW Private Equity to exit, will expand Equirus' wealth assets to ₹18,000 crore. Credence's CEO, Mitesh Shah, will join Equirus' leadership team, enhancing their services for ultra-high-net-worth clients.
2 months ago
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