Kolkata: Neo Wealth Partners has acquired a 9.6% stake in Keertana Finserv, a fast-growing gold loan lender promoted by microfinance

Neo Group appoints Anirban Banerjee as Co-founder and Chief People and Transformation Officer. Jul 27, 2026 Neo Group has announced the appointment of Anirban Banerjee as Co-founder and Chief People and Transformation Officer, strengthening its Group leadership team as the firm continues to scale its wealth and asset management platform and invest in long-term institutional capability. As Co-founder and Chief People and Transformation Officer, Anirban Banerjee will lead Neo Group's people strategy, talent development, leadership capability, organisation design, culture and enterprise transformation agenda. He brings more than two decades of experience in human resources leadership across financial services, having most recently served as Chief Human Resources Officer at Avendus Group. Earlier, he was part of the leadership team that helped build the human resources function at 360 ONE (formerly IIFL Wealth) during its formative years. Neo today manages approximately ₹1,30,000 crore in total client assets across Assets Under Advice and Assets Under Management. The Group serves family offices, ultra-high-net-worth individuals, high-net-worth individuals, institutions and corporates across wealth management, asset management, and alternate investments, with a presence in more than 30 locations and a team of around 850 professionals. Commenting on the appointment, Nitin Jain, Chairman & Managing Director, Neo Group, said: "Neo has always been built with a long-term view. As we grow, our people and culture are what hold the organisation together and allow us to endure. Anirban has helped build respected institutions in our industry, and his experience across people and transformation will add significant depth to Neo as we move into our next phase. His joining as a co-founder reflects the entrepreneurial ownership at the heart of how Neo is built." Commenting on his appointment, Anirban Banerjee said: "What drew me to Neo is the opportunity to build an institution from a position of ownership - where people, culture and transformation are not support functions, but the foundation of how the firm grows. I look forward to partnering with the leadership team in shaping Neo's next phase."

Wealthtech Veriqus secures over $40m in funding. The company serves high net worth individuals, family offices, entrepreneurs and institutional clients. Veriqus Group has secured about Rs3.87bn ($40.2m) in a financing round led by Norwest Venture Partners. The company operates in wealth and asset management, serving high net worth individuals, family offices, entrepreneurs and institutional clients. It was set up by Ashish Gumashta, previously chairman and chief executive officer of Julius Baer India, and Roshi Jain, formerly a senior fund manager at HDFC Asset Management. Veriqus co-founder Gumashta said: "Veriqus intends to build a strong presence across Tier II and other high-growth cities, bringing institutional-quality advice and sophisticated investment solutions closer to entrepreneurs, business owners and multi-generational families." Veriqus is building a technology and AI-based platform that brings together advisory services with tools for portfolio analysis, risk oversight, client reporting and decision-making support. Its asset management arm will draw on real-economy insights, fundamental research and a disciplined investment approach to assist investors in forming long-term views. It said its business advisory and lending units will offer capital solutions for expansion, acquisitions and liquidity requirements. Norwest principal Nikhil Kookada was quoted by LiveMint as saying: "India's wealth management industry is at an inflection point, driven by rapid wealth creation beyond the major metros, increasing financialization of savings, and growing demand for holistic, high-quality advice. "The next generation of wealth market leaders will combine deep advisory expertise with technology-enabled execution and a truly integrated platform." Meanwhile, earlier this month, Indian wealth and asset management firm Neo Group raised about Rs3.5bn ($36.3m) in a fresh funding round led by existing investor Peak XV Partners. Neo Group's clients include family offices, ultra-high-net-worth individuals, high-net-worth individuals, institutions and corporates. Give your business an edge with its leading Future Banking