Neo Raises $48M in Series B Funding for Expansion - Funding Raised

Neo Raises $48M in Series B Funding for Expansion

Wealth and asset management firm Neo secured Rs 400 crore ($48 million) in a Series B round led by MUFG Bank and Euclidean Capital, with Peak XV Partners participating. The funds will expand Neo’s wealth management division and support its asset management business. Neo manages Rs 35,000 crore in assets.

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