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Groww to buy wealth-tech firm Fisdom for $150 mn
Financial Express Mumbai
|May 17, 2025
GROWW HAS SIGNED a definitive agreement to acquire wealth-tech startup Fisdom in an all-cash deal, subject to regulatory approval, according to sources aware of the matter.
The acquisition comes as Groww prepares to file its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) within the next 10-14 days.
This marks Groww's second major acquisition after its purchase of Indiabulls Asset Management Company (AMC) in May 2023, signaling the company's expansion strategy ahead of its planned public listing.
Esta historia es de la edición May 17, 2025 de Financial Express Mumbai.
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