On June 14, 2024, 360 ONE Asset Management Ltd. announced that it will acquire ET Money.
360 ONE Asset Management Ltd. (“360 ONE”) announced that it will acquire ET Money (“ET Money”). ET Money will continue to operate independently as a subsidiary of 360 ONE. Further terms of the transaction were not disclosed.
360 ONE, based in Mumbai, India is a registered investment advisor for entrepreneurs, CEO founders, wealth creators, executives, and partners, as well as high-net-worth clients. As of June 2024, 360 ONE has $56.3 billion in assets under management.
ET Money, based in Gurgaon, India, is a fintech and wealth management platform which offers a variety of financial products and services, including mutual funds, insurance, fixed deposits, NPS and SIPs. As of June 2024, ET Money has $8.3 billion in assets under management.
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