FinTech
Groww Pumps INR 104.4 Cr Into Wealthtech Subsidiary Fisdom
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SUMMARY
Groww has infused INR 104.5 Cr into its wholly owned wealthtech platform Fisdom via a rights issue
Groww said that as per the share purchase agreement it entered into with Fisdom’s parent company Finwizard Technology Pvt Ltd in May, it was to infuse additional capital to facilitate certain payouts and other working capital requirements
Groww completed the acquisition of Fisdom in October 2025 in an all-cash deal at a valuation of about $150 Mn. In its Q2 FY26 shareholders letter, Groww said it spent about INR 961 Cr towards the…
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