Orbis Financial raises INR 111 crores from marquee investors like Ashish Kacholia

Orbis Financial Corporation has raised INR 111 crores augmented by stellar growth in Assets Under Custody (AUC), Clearing Services, Trustee, RTA, Fund Accounting, etc. The latest round of fund raising saw participation from marquee investors both existing and new like Ashish Kacholia, among others. DerivativeSaint, a leading boutique Investment Banking firm based in Mumbai was the sole advisor to the deal.

Orbis Financial Corporation is the leading custodian for institutional investors with forwardlooking services designed and customised to equip Mutual Fund houses, Foreign Portfolio Investors, Institutional investors, Family Offices, HNIs across segments to efficiently manage their operations.

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The latest fundraise will help the company to capitalise on the growth momentum to further bolster achieving the leadership position in the securities services business in India. Being a dedicated Custodian & PCM, Orbis has zero conflict business following the fully disclosed model at the beneficiary level.

Orbis has grown in a highly capital-efficient manner with a strong focus on unit-level economics. This is particularly evident when benchmarking the Company against its key competitors. Business is managed by a professional team and board, led by Mr Shyam Agarwal as MD & CEO. Shyam worked for ICICI Bank as head of custody business before joining Orbis in 2017.