Nexedge Capital names Apurva Sahijwani co-founder
In short
Nexedge Capital has appointed Apurva Sahijwani, who previously worked at Avendus Wealth Management, as co-founder. The company says his experience will help it grow in India’s wealth management market.
The move matters for clients and competitors because Nexedge already operates in 11 cities and advises more than 1,300 ultra-high-net-worth individuals and families. The reporting does not say anything about pay, start date, or other deal terms.
What the reporting says
Nexedge Capital appointed former Avendus Wealth Management chief Apurva Sahijwani as co-founder, according to the reported summary. The move is meant to strengthen leadership and support expansion in India’s wealth management sector. Nexedge Capital is said to operate in 11 cities and advise more than 1,300 ultra-high-net-worth individuals and families, but the reporting does not provide any financial terms or timeline.
Why it matters
Nexedge Capital appointed Apurva Sahijwani, formerly of Avendus Wealth Management, as co-founder to bolster its leadership and aid expansion in India’s wealth management business. The company says it operates in 11 cities and advises more than 1,300 ultra-high-net-worth individuals and families. The immediate business impact is strategic rather than financial, and the reporting does not mention any compensation or other terms.