Zerodha | Jotup

Global Escrow Platform Castler raises $1 million in seed funding led by Zerodha's Rainmatter

Retrieved on:

Tuesday, June 28, 2022

NEW DELHI, June 28, 2022 /PRNewswire/ -- Castler , a global escrow platform for enterprises, offering domestic and cross-border solutions has announced its $1 million seed funding round led by Zerodha's Rainmatter, with participation from Venture Catalysts, 9Unicorns, Faad Network and LetsVenture.

Key Points:

NEW DELHI, June 28, 2022 /PRNewswire/ -- Castler , a global escrow platform for enterprises, offering domestic and cross-border solutions has announced its $1 million seed funding round led by Zerodha's Rainmatter, with participation from Venture Catalysts, 9Unicorns, Faad Network and LetsVenture.
With this funding round, we look forward to continued growth at breakneck speed," said Vineet Singh , Founder of Castler .
Castler has partnered with 9 leading Indian and Global Banks to provide a wide array of banking services.
Castler is a global escrow platform poised to dominate the $250 Bn escrow banking space and democratize the product for mass usage and adoption amongst Consumers and MSMEs.

True Beacon Goes Global

Retrieved on:

Tuesday, May 25, 2021

Companies based in Bangalore, Zerodha, Finance, Financial centre, Transparency, Money, Economy

True Beacon Global, a Fund for international strategic investors, will provide access to Indian capital markets with high levels of transparency, coupled with zero management fees and a globally competitive tax regime.

Key Points:

True Beacon Global, a Fund for international strategic investors, will provide access to Indian capital markets with high levels of transparency, coupled with zero management fees and a globally competitive tax regime.
True Beacon Global will mirror the flagship Fund's strategy for global institutional and individual investors.
True Beacon Global is based in GIFT City, a special economic zone in Ahmedabad, offering zero taxation on derivative gains, with a single unified regulator equating it to global financial hubs such as Dubai and Singapore.
Nikhil Kamath, Co-Founder and CIO, said, "The establishment of True Beacon Global in GIFT City is an exciting new chapter for us, building on our investment track record."

True Beacon Goes Global

Retrieved on:

Tuesday, May 25, 2021

Companies based in Bangalore, Zerodha, Finance, Financial centre, Transparency, Money, Economy

True Beacon Global, a Fund for international strategic investors, will provide access to Indian capital markets with high levels of transparency, coupled with zero management fees and a globally competitive tax regime.

Key Points:

True Beacon Global, a Fund for international strategic investors, will provide access to Indian capital markets with high levels of transparency, coupled with zero management fees and a globally competitive tax regime.
True Beacon Global will mirror the flagship Fund's strategy for global institutional and individual investors.
True Beacon Global is based in GIFT City, a special economic zone in Ahmedabad, offering zero taxation on derivative gains, with a single unified regulator equating it to global financial hubs such as Dubai and Singapore.
Nikhil Kamath, Co-Founder and CIO, said, "The establishment of True Beacon Global in GIFT City is an exciting new chapter for us, building on our investment track record."

Asset Management Firm True Beacon's Flagship Fund Records 26.6% Outperformance of Indian NIFTY50, Despite Covid-induced Turbulence

Retrieved on:

Thursday, September 10, 2020

Finance, Money, Economy, Companies based in Bangalore, Zerodha, Financial markets, Beacon, Portfolio

True Beacon One, which invests in Indian capital markets, recorded an outperformance of the NIFTY50 benchmark by 26.6%.

Key Points:

True Beacon One, which invests in Indian capital markets, recorded an outperformance of the NIFTY50 benchmark by 26.6%.
True Beacon services ultra-high net worth and high net worth individuals and employs a revenue model with zero management and standing fees.
To attract foreign investment into the Indian capital markets, a Category-I Foreign Portfolio Investment company, True Beacon International, has been established.
Further strengthening the leadership of True Beacon as it expands across India and overseas, the company announced Richard Pattle, who is currently Senior Advisor to True Beacon and Zerodha, will assume the role of CEO True Beacon.

Asset Management Firm True Beacon's Flagship Fund Records 26.6% Outperformance of Indian NIFTY50, Despite Covid-induced Turbulence

Retrieved on:

Thursday, September 10, 2020

Companies based in Bangalore, Zerodha, Free Radio Shropshire & Black Country, Beacon, New York, Financial market, Geography of New York state)

BENGALURU, India, Sept. 10, 2020 /PRNewswire/ -- Nikhil Kamath, Co-Founder and CIO of True Beacon and Zerodha, today announced full-year results for True Beacon's flagship fund.

Key Points:

BENGALURU, India, Sept. 10, 2020 /PRNewswire/ -- Nikhil Kamath, Co-Founder and CIO of True Beacon and Zerodha, today announced full-year results for True Beacon's flagship fund.
True Beacon One, which invests in Indian capital markets, recorded an outperformance of the NIFTY50 benchmark by 26.6%.
True Beacon services ultra-high net worth and high net worth individuals and employs a revenue model with zero management and standing fees.
To attract foreign investment into the Indian capital markets, a Category-I Foreign Portfolio Investment company, True Beacon International, has been established.