IPO-Bound Groww Completes Acquisition Of Fisdom After SEBI Nod

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SUMMARY

Groww has completed the acquisition of wealthtech platform Fisdom after receiving SEBI approval

The acquisition will serve as a launchpad for Groww’s new high net worth (HNI) focussed offering ‘W’ and to expand offerings in the wealth management space

During the initial talks of acquisition in March, reports surfaced that the deal will value Fisdom at about $150 Mn

IPO-bound investment tech startup Groww has completed the acquisition of wealthtech platform Fisdom after receiving the Securities Exchange Board of…



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IPO-Bound Groww Completes Acquisition Of Fisdom After SEBI Nod


SUMMARY

Groww has completed the acquisition of wealthtech platform Fisdom after receiving SEBI approval

The acquisition will serve as a launchpad for Groww’s new high net worth (HNI) focussed offering ‘W’ and to expand offerings in the wealth management space

During the initial talks of acquisition in March, reports surfaced that the deal will value Fisdom at about $150 Mn

IPO-bound investment tech startup Groww has completed the acquisition of wealthtech platform Fisdom after receiving the Securities Exchange Board of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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