Abans Investment Managers Pvt Ltd (AIMPL), a subsidiary of BSE/NSE listed Abans Holdings Limited, has successfully raised Rs. 9.88 crore in Series A funding, valuing the company at Rs. 150 crore. This investment will fuel the growth of AIMPL's alternative asset management business.

Abhishek Bansal, the founder of the Abans Group, expressed his excitement about the funding, stating, "This external equity fundraise is a testament to the team’s hard work and will enable us to scale our alternative asset management business to new heights."

Bhavik Thakkar, CEO of AIMPL, shared his enthusiasm, emphasising that the funding round was led by clients who have experienced AIMPL's products and services firsthand. "We are also encouraged by the participation of our distributors, who help channelise AUM across our products. Moving forward, we will focus on accelerating AUM growth by building a strong brand, enhancing our product offerings, and expanding our distribution outreach," he said.

AIMPL offers a variety of alternative investment products, including Portfolio Management Services, Market Linked Debentures, and Overseas Funds. This funding round marks a significant milestone for the company and positions it for continued success in the alternative asset management space.

If you want to share any updates, new product launches, new appointments, or any other information to be covered in the news section of PMSBazaar, write to us at research@pmsbazaar.com