Economy, Banking and Finance · 17 August 2026
International Financial Services Centres Authority (IFSCA) grants investment banking license to Nexent Capital in GIFT City
Exam-focused facts from the 17 August 2026 current affairs briefing.
Key facts
- International Financial Services Centres Authority (IFSCA) granted the investment banking registration to Nexent Capital IFSC Private Limited on July 31, 2026.
- The registration was granted under the IFSCA (Capital Market Intermediaries) Regulations, 2025.
- Nexent Capital IFSC Private Limited is the GIFT City-based arm of U.S.-based Nexent Capital Management.
- The license authorizes Nexent Capital to manage IPOs, FPOs, SPAC listings, secondary listings, depository receipt issuances, debt capital market transactions, and other capital market advisory mandates within GIFT City.
- The IFSCA registration enables Nexent Capital to advise on and manage cross-border capital market transactions from India's International Financial Services Centre (IFSC).
- Nexent Capital plans to support high-growth companies from the United States and Europe seeking capital-raising and listing opportunities through GIFT City exchanges.
- The firm has an active pipeline of companies across sectors including Artificial Intelligence, Cybersecurity, Data Centers, Quantum Computing, Space Technology, and Energy.