Advent had acquired a 40% stake in ASK Group in 2016 for $130 million. ASK Group provides products and services in wealth and investment management, catering to affluent families. Emails sent to ASK Group managing director and chief executive officer Sunil Rohokale did not elicit any response. ASK Group reported a consolidated revenue of Rs323.16 crore in 2016-17 against Rs219.1 crore in the previous fiscal, filings with RoC show. ASK Group, which started out with stock broking services in 1983, branched out into wealth management in 2007 with ASK Wealth Advisors.

Source: Mint April 22, 2018 21:00 UTC