FinTech
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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