DBT Bureau
Pune, 19 August 2026
Atom Group, a diversified financial services conglomerate spanning wealth management, insurance advisory and investment banking across India, the UAE and Singapore, today announced it has received formal approval from the Dubai Financial Services Authority (DFSA) for a change in control of Amaltas Partners Limited, a DIFC-regulated firm. The approval gives Atom Group a direct presence within the Dubai International Financial Centre (DIFC) and marks a landmark step in its international expansion.
Under the transaction, Atom Privé Global Holdings becomes the controlling entity of Amaltas Partners, bringing the firm under the Atom Group umbrella as a DIFC-based platform. The DFSA’s clearance followed a rigorous review, underscoring the strength of Atom Group’s governance, ownership and compliance framework.
A Strategic Gateway Through DIFC
DIFC remains the pre-eminent financial centre linking the Middle East, Africa and South Asia with global capital markets, offering a common-law legal framework and deep institutional infrastructure. For Atom Group, a foothold here is a natural extension of its multi-jurisdictional strategy across Dubai, India and Singapore.
“DIFC represents the gold standard for financial services oversight and infrastructure in this part of the world. Establishing our presence here is not just a milestone for Atom Group; it’s a statement of intent,” said Harsha Vardhana, Founder and Group CEO, Atom Group. “This approval lets us serve clients with greater institutional credibility and reinforces Dubai’s role as the bridge between Indian wealth, Gulf capital and global markets.”
Leadership Transition at Amaltas Partners
Naveen Rastogi, current Global CIO, Multi-Family Office, Atom, has been appointed CEO and Group CIO of the newly acquired entity. He will lead Amaltas’ integration into the Atom ecosystem while continuing to oversee investment strategy and advisory for global families.
“Amaltas has built a high-quality, client-centric franchise within DIFC, with deep relationships across entrepreneurs, professionals, and family offices,” said Rastogi. “Our focus now is on ensuring continuity and stability for existing clients, while progressively bringing the full breadth of Atom Group’s capabilities to bear, from multi-family office and risk advisory to investment banking and cross-border solutions.”
Pradeep Chandra, outgoing CEO and owner of Amaltas Partners, will step away from day-to-day leadership following completion of the transaction.
“When we founded Amaltas, the vision was a focused, DIFC-based advisory platform built around client interests and governance,” said Chandra. “Joining Atom Group is a natural next chapter — one that brings scale and breadth while staying true to the values we built the firm on.”
Strengthening the India–UAE Financial Corridor
The India–UAE relationship has accelerated in recent years, anchored by the Comprehensive Economic Partnership Agreement (CEPA), with bilateral trade now crossing USD 100 billion. A growing number of Indian entrepreneurs, family offices and high-net-worth individuals are choosing Dubai as a base for global wealth structuring and cross-border expansion.
With a base in DIFC alongside its established India operations and Singapore holding structure, Atom Group is positioned to offer seamless, compliant and well-governed advisory solutions to families and businesses moving capital, wealth and ambition between these markets.
“India and the UAE are no longer just trade partners. They’re becoming deeply intertwined financial ecosystems,” Harsha added. “Our DIFC presence lets us walk alongside Indian families as they globalize their wealth, while giving international clients a trusted gateway into India’s growth story. This is about building the financial corridor of the future between two of the world’s most dynamic economies.”
