Mirae Asset Acquires Sharekhan

28 Nov 2024 , 03:49 PM

On Wednesday, Mirae Asset Financial Group declared that it had completed the acquisition of Sharekhan, incorporating Mirae Asset Sharekhan into Mirae Asset.

After obtaining all necessary regulatory clearances, Sharekhan will proceed with this purchase, utilising Mirae Asset’s global experience to expand its offerings and provide financial services to customers throughout India.

In a news release, Mirae Asset Sharekhan stated that the acquisition of Sharekhan was in line with its goal of building a strong position in the retail broking sector in India.

The goal of combining Sharekhan’s well-established market position with Mirae Asset’s global resources is to construct a comprehensive financial services platform that serves a wide range of customers.

With the inclusion of Mirae Asset’s worldwide investment options and tools, which offer an even wider array of financial products and advisory services, the business further stated that Mirae Asset Sharekhan clients may anticipate unbroken access to their accounts, platforms, and services.

One of the earliest brokers to offer internet trading in India was Sharekhan, which was founded in 2000.

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