India: IIFL AMC buys minority stake in Neewee Analytics

India: IIFL AMC buys minority stake in Neewee Analytics

IIFL Asset Management Ltd (IIFL AMC) has picked up a significant minority stake in analytics company Neewee Analytics Pvt. Ltd through IIFL India Private Equity Fund.

The investment round also saw participation from some Canada-based investors. Financial details of the transaction were not disclosed.

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