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The Economic Times
The Economic Times
Pratik Bhakta

Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by Mirae

Mirae Dezerv 360 ONE 360 ONE WAM India South Korea

Wealth management startup Nexedge Capital, focused on serving ultra-high-net-worth individuals, is in talks to close a $25 million funding round which is set to be led by South Korean investment firm Mirae Asset Venture Investment, according to two people in the know.

This would be the first institutional funding round in the startup which was founded by Aniruddha Taparia, who was a cofounder and joint chief executive officer at 360 One WAM. Taparia quit the Mumbai-based wealth management firm and started this business in March last year. Prior to founding 360 One WAM, Taparia had spent a decade at Citibank.

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