IPO-bound Prudent Corporate Advisory Services acquires Karvy’s mutual fund biz1 min read . Updated: 29 Oct 2021, 05:45 PM IST
- The acquisition has been done through a bidding process conducted by a joint committee of stock exchanges comprising NSE, BSE and Metropolitan Stock Exchange of India
TA Associates-backed wealth manager and mutual fund distributor, Prudent Corporate Advisory Services, which has filed for an initial public offering (IPO), on Friday announced the acquisition of Karvy Stock Broking Ltd mutual fund folios/assets under management (AUM).
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