Equirus merges with Sapient Finserv to form a top wealth platform, while Arnya Real Estate Fund Advisors commits over Rs 1,200 crore to residential projects.
Equirus Group merges with Sapient Finserv
Equirus Group and Sapient Finserv Group have announced a merger through an equity swap agreement, forming a unified wealth management platform with Rs 35,000 crore in assets under management (AUM).
The combined entity claims to be among India’s top 10 independent, non-bank wealth management firms.
The merger significantly expands Equirus’s footprint in the high-growth wealth management and family office segments.
Sapient Finserv, headquartered in Pune with a strong presence in Maharashtra and the Northeast, brings over Rs 13,500 crore in AUM and a robust monthly SIP book of Rs 65 crore. Post-integration, the combined entity will operate under two specialised verticals: Equirus Wealth and Equirus Family Office.
Arnya Realestates Fund Advisors backs housing projects
Arnya Real Estate Fund Advisors, a realty-focused investment management firm, plans to invest over Rs 1,200 crore in residential projects by March next year, according to a report by The Economic Times.
So far, the company has committed around Rs 415 crore across several housing developments in major markets across the country.
Arnya’s debut fund was launched in 2024 to provide early-stage growth capital to Tier I developers.
The Arnya Real Estate Fund-Debt is expected to close by December this year, according to the report, which quoted the firm’s founder and CEO, Sharad Mittal.
The fund has already partnered with developers on several projects, including a mixed-use development in Navi Mumbai, an apartment project in South Bengaluru, a villa community in southeast Bengaluru, and another apartment project in South Central Bengaluru.
