ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/investment-platform” target=”_blank”>Investment platform Groww has signed a definitive agreement to acquire ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wealthtech-startup” target=”_blank”>wealthtech startup Fisdom in an all-cash deal, subject to regulatory approval, according to people familiar with the matter.

The acquisition will help Groww, India’s largest stockbroking platform by active users, expand its presence in the wealth management space.

ET had data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/groww-is-in-acquisition-talks-with-fisdom-others-in-diversification-bid/articleshow/118946217.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”>first reported on the deal on March 13.

The transaction values ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fisdom” target=”_blank”>Fisdom between $140 million and $160 million, the sources said.

Founded in 2015 by Anand Dalmia and Subramanya S.V., Fisdom offers wealth management…

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/investment-platform” target=”_blank”>Investment platform Groww has signed a definitive agreement to acquire ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wealthtech-startup” target=”_blank”>wealthtech startup Fisdom in an all-cash deal, subject to regulatory approval, according to people familiar with the matter.

The acquisition will help Groww, India’s largest stockbroking platform by active users, expand its presence in the wealth management space.

ET had data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/groww-is-in-acquisition-talks-with-fisdom-others-in-diversification-bid/articleshow/118946217.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”>first reported on the deal on March 13.

The transaction values ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fisdom” target=”_blank”>Fisdom between $140 million and $160 million, the sources said.

Founded in 2015 by Anand Dalmia and Subramanya S.V., Fisdom offers wealth management…