Finam has entered into a partnership with FinSight Ventures and Ashika Group to provide investors with access to the Indian market. This partnership will provide access to both the private and public market. This is stated in the message of FG.
At the first stage, FinSight Ventures and Ashika Group jointly create a $100 million FinSight India Fund I venture fund, which will invest in early-stage technology companies.
In the future, Finam and Ashika Group will provide Russian investors with access to stock trading on the NSE and BSE exchanges. Initially, the infrastructure for algotraders, including those implementing high-frequency trading strategies, will be provided in Russia, and a family of funds, including BPIF (ETF), and individual trust management strategies based on the Finam Management Management Company will be formed. The next step will be to open the Indian market to the mass investor.
FinSight Ventures is a venture capital company founded in 2004. The company manages funds investing in technology startups in the US and India. The company manages a portfolio of investments worth $800 million. The company has offices in Los Angeles (USA), New York (USA) and Bangalore (India).
Ashika Group is a diversified financial holding company headquartered in Kolkata, India. The company provides investment banking services, asset management, brokerage trading.
Finam is a Russian investment and financial group. Founded in 1994, the group currently provides services in more than 40 countries around the world, the regional network in Russia has more than 90 offices. The financial group includes a brokerage company of the same name, an investment bank, a management company "Finam Management", an information and analytical agency Finam.ru , as well as a licensed forex dealer "Finam Forex" and a training center for exchange education.
