“We are applying for international advisory licence to expand global operations. In India, we are applying for Portfolio Management Services (PMS) licence, and expect to start the PMS business with asset under management (AUM) of about Rs 4000 – 5000 crores. We also have plans for Asset Management Company (AMC) licence, and will unlock stakeholder’s value through an IPO over next 3 years.” said Mohit Batra, Founder, and CEO, MarketsMojo.
MarketsMojo plans to enter Rs 5 trillion PMS space
Published in The Economic Times
