Wealth management startup Neo Group secures Rs 400 crore from MUFG Bank, Euclidean Capital

Wealth and asset management startup Neo Group has raised Rs 400 crore (around $47 million) in a fresh equity funding round led by Japanese lender MUFG Bank along with New York-based Euclidean Capital.

Peak XV Partners, which had invested around $35 million in October last year, also participated in this round, the company said in a news release on Monday.