JPMorgan Seeks to Back Startups After Dealmaking Wins in India

  • Bank wants to build broad-based relationships with customers
  • Firm has no imminent plan to set up India retail wealth unit
Kaustubh KulkarniSource: JPMorgan
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JPMorgan Chase & Co., the top arranger of equity sales in India this year, wants to expand beyond dealmaking to help finance the growing pool of startups in the world’s most-populous country.