Religare Enterprises’ alternate assets management platform -- Religare Global Asset Management -- has acquired 26% stake in early stage fund YourNest Angel Fund. Consequently, YourNest Angel Fund will become an affiliate of Religare Global Asset Management (RGAM), a global multi-boutique asset management company with more than $20 billion assets under management (AUM).
Religare Enterprises is one of India’s leading diversified financial services groups. It offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.