Mumbai, June 11 -- KFin Singapore through the Ascent Fund Services and its subsidiaries, is engaged inter-alia in the business of providing fund administration, corporate solutions and financial technology solutions services to global alternative investment managers.

The investment is aimed at supporting the subsidiary's business expansion initiatives.

The company clarified that the capital infusion will not result in any change in its shareholding pattern, and KFin Technologies (Singapore) will continue to remain a wholly owned subsidiary.

KFin Technologies (KFintech) is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in I...