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FinTech

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…



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