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Wealth management startup Neo Group raised about ₹350 crore ($36.3 million) from existing investor Peak XV Partners, its second fundraise in under six months. The company, founded in 2021 by former Bank of America executives Nitin Jain and Kalpesh Shah, manages about ₹1.3 lakh crore in client assets across 30 cities and will use the capital for talent, technology, and new products.
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