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Business News Today: Latest Business News, Finance News

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FundsIndia raises ₹44.6 crore by closing maiden secured N...
BL Chennai Bureau · 2026-06-24 · via Business News Today: Latest Business News, Finance News

Wealth management platform FundsIndia has raised ₹44.6 crore through secured non-convertible debentures (NCDs). The company’s Private Wealth vertical led the issuance, handling the allocation and distribution for the offer.

The firm plans to use the funds to strengthen its technology and platform capabilities, and expanding the range of investment products across its retail, partner, and private wealth businesses.

Accredited investors and HNI clients participated in the issuance through FundsIndia’s Private Wealth platform, with most of the interest coming from high-net-worth investors looking to add structured fixed-income instruments to their portfolios, the company said in a media release.

“Successfully completing our maiden secured NCD issuance shows the confidence investors place in the FundsIndia platform and our long-term vision. As demand for new fixed-income opportunities keeps growing, we remain focused on delivering solutions that help clients build resilient, diversified portfolios,” the Group CEO of FundsIndia, Akshay Sapru, said in a statement.

(Report by BL Intern G. Mahalakshmi)

Published on June 24, 2026