Dawn of Indian Wealth Management Industry's Inclusive Era
By: Rachita Sharma, Managing Editor | Friday, 6 September 2024
The Indian wealth management industry has been on an upswing lately. According to the recent reports, the wealth management market was evaluated to be $475.9 billion in 2020. The industry grew at a CAGR of 4.8 percent since 2015. Going forward the industry is projected to become a $730.7 billion size market by 2025, growing at a CAGR of nine percent.
However, the predictions do not end here, but indicate how this dynamic industry will grow further at a CAGR of 8.8 percent from 2025 and reach $1,116.1 billion in 2030.
With growth, the industry has also seen several talented leaders rising up. The Indian wealth management sector has also seen a rise in the number of women leaders. The space is inclusive and promotes women to build strong and fruitful careers for themselves.
The Women Entrepreneurs Review team brings to you a list of some of the most prolific women leader from the Indian wealth management space. In this issue we introduce you to Ranita Gupta, Director, Neev Investment Advisories. Ranita is the Founder, Chairman, and Managing Director of Neev Investment Advisors. Previously a Systems Analyst in Bangalore and later experimenting as a Forex trader in Abu Dhabi, she returned to India in 2002 and boosted a leading firm's retail mutual fund business. In 2009, she founded Neev, focusing on mutual fund investments and portfolio management.
We also feature an in depth interview with Saloni Mehta, Founder of Green Shoots Wealth. Saloni is a capital markets expert assisting in building clients personal finance by addressing and understanding their psychology with money in last 17 years. She has helped build wealth for local and global investors and has assisted startups and businesses in developing and executing effective strategies, plans, and pitches.
These women leaders are shining examples of women making a mark in the Indian wealth management space.
Do let us know your thoughts.