Merisis has appointed Ruchir Kapoor to strengthen its fintech practice and drive a new wealth management foray. The hire brings over 20 years of experience spanning wealth management, fintech, NBFCs, and trade and SME banking, along with leadership experience across multiple geographies. The move signals Merisis’ intent to deepen financial services capabilities.
As conflict-related volatility rattles investor sentiment in the Middle East, many are looking beyond Dubai for capital and wealth management. The search is turning toward GIFT City, where investors see regulatory stability and proximity to fast-growing markets like India. The shift highlights how geopolitical risk is reshaping cross-border portfolio planning and where funds may park next.
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Zerodha-backed Rainmatter has invested Rs 20 crore into Chennai-based wealth advisory startup Prime Investor, its first institutional funding. The money will help Prime Investor shift from pure advisory to full-stack portfolio management, focusing on clients with at least Rs 50 lakh in assets and using technology to streamline client acquisition and day-to-day operations.
Families in the Gulf are exploring opening new bank accounts with Alpine and Singapore institutions, with practitioners saying many want these accounts delinked from UAE entities. The goal is to receive returns and handle redemptions from existing investments, while also planning future allocations—after mounting uncertainty that has made NRI investors more cautious.
Lalit Keshre, key figure behind Groww’s rapid rise, credits competition for fueling growth and is pushing a full-stack wealth platform. After guiding Groww to a blockbuster IPO in under a decade, he was named Entrepreneur of the Year at The Economic Times Awards for Corporate Excellence 2025, outpacing bank-backed brokerages and established fintech firms.
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