MF News SHCIL, ArthaYantra join hands to launch online wealth management advisory services

SHCIL, ArthaYantra join hands to launch online wealth management advisory services

Source: Economic Times Dec 3, 2015

Stock Holding Corporation of India Limited (SHCIL), and ArthaYantra, a Robo-Advisor, announced a strategic partnership to launch online wealth management advisory services to India's middle income group.

Through this partnership, SHCIL, owned by IFCI, plans to offer wealth management financial planning as a value added service across 180+ branches in India. ArthaYantra, will also be offering personal financial advisory to SHCIL's existing client base of 7 lakhs customers and prospects through its proprietary Robo-Advisory platform.

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