Looks like a general article to me, not many insights.
And as far as the AMC is concerned, particularly if they want to focus on Indian retail, even with the data they have of people who are using their services, even with the hiring of top talent, my guess is, it will take a while to sustain. Initial euphoria may exist, like some fund based on quant model does great, but as it grows, it is in the same fund categories it has to compete with the bigger players, who are finding it difficult to deliver more, despite being in the business for decades. So my guess is not easy.
The other businesses like lending to B2B, B2C, I have no idea for now.
On a lighter note, the typo in the article is too much, they did however mentioned the correct number in crores.
The company is expected to enter all avenues of financial services such as loans, asset management, insurance and other. It has already declared its intent to enter the asset management with Blackrock, with each partner investing $150 billion each.
BlackRock, which is the largest asset manager in the world, had left India in 2018. The two companies will pour in Rs 1,200 crore each into the venture.
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