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CRED to acquire mutual fund startup Kuvera in wealth management push

Indian fintech startup CRED has reached an agreement to buy mutual fund and stock investment platform Kuvera as part of an expansion into wealth management. The $6.4 billion Bengaluru-headquartered startup said it was attracted by Kuvera’s experienced team and expertise in enabling customers to invest directly in mutual funds and stocks with advisory and tracking tools. Kuvera, which manages assets of over $1.4 billion for its 300,000 strong user base, has emerged as a platform-of-choice for many of India’s affluent investors.

Gaurav rastogiKunal shahAssociation of mutual fundsBengaluru headquartered smallcaseMutual fundsMutual fundWealth management

CRED acquires mutual fund startup Kuvera in wealth management push

CRED acquires mutual fund startup Kuvera in wealth management push
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Kunal shahAssociation of mutual fundsBengaluru headquartered smallcaseMutual funds

CRED in talks to acquire mutual fund startup Kuvera

CRED is in talks to acquire Kuvera, a startup that operates an online wealth management platform, a source familiar with the matter told TechCrunch, in CRED is in talks to acquire Kuvera, a startup that operates a mutual fund platform, a source familiar with the matter told TechCrunch.

Association of mutual fundsBengaluru headquartered smallcaseMutual funds