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Groww IPO charges up new deal activities in wealthtech startups

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With wealthtech startup Groww, the largest stock broker in India, going public, private market investment sentiments are turning buoyant.

A bunch of investment deals are brewing in startups which are building digital platforms to offer services across stock broking, wealth management and mutual fund distribution, according to people with knowledge of the matter.

AssetPlus, a Chennai-based startup which helps mutual fund distributors digitise their businesses, is looking to secure $18 million in a fresh funding round led by Nexus Venture Partners, said…

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