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India’s 360 One acquires mutual fund app ET Money for $44M

360 One WAM, India’s largest wealth manager focused on ultra-high-net-worth individuals, has agreed to acquire popular Indian mutual fund investment app ET Money for about $44 million. 360 One disclosed (PDF) the deal in a stock exchange filing Wednesday evening.  ET Money boasts over 900,000 transacting clients and tracks assets under management of approximately $8.3 […]
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Source: TECCRUCH

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