Religare Macquarie Private Wealth was formed in 2008 as a 50:50 joint venture between India's Religare Enterprises and Australia's Macquarie Group. The firm was established to offer a comprehensive suite of wealth management services, including investment advisory, portfolio management, and financial planning, specifically targeting high-net-worth individuals (HNIs) and institutions in India. In 2013, Macquarie Group acquired Religare's 50% stake, taking full control of the entity and rebranding it to "Macquarie Private Wealth." Subsequently, in 2016, Macquarie Group sold this Indian private wealth business to BNP Paribas, which integrated the operations into its own wealth management division in India.

Founded in

India