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Edelweiss to receive US$125m injection from Kora Management

Edelweiss Group is set to receive an investment of up to US$125 million from existing shareholder Kora Management to continue developing its advisory business and realise its strategic growth plans. US-based Kora Management, which focuses on emerging market financial and technology firms, has committed to invest US$75 million in Edelweiss Global Investment Advisors (EGIA) — the wealth manager’s advisory arm…

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