Mirae Global Invests INR 1,240 Cr in Indian Arm, Scaling up m.Stock and Driving Financial Innovation.

Mirae Global injects INR 1,240 Cr into Mirae Asset Capital Markets, fueling an expansion of brokerage platform m.Stock and enhancing business-to-customer reach.

Mirae’s total funding raised in India now amounts to INR 3,190 Cr.

The Indian arm of Matrix Partners increased the size of its fourth India-focused fund to $525 Mn from $450 Mn earlier this year.