Groww Levels Up: From Trading Platform to Wealth Management Powerhouse
India’s fastest-growing investment platform, Groww, has completed the acquisition of Bengaluru-based wealth-tech startup Fisdom, marking one of the most significant consolidation moves in the country’s fintech ecosystem this year.
The deal, reportedly worth around $150 million in cash, received the green light from the…
In a major strategic move, Veefin Solutions, a listed fintech startup, has made its first overseas acquisition by purchasing a 50% stake in Walnut, a Singapore-based GenAI startup. This all-cash deal marks a significant milestone for Veefin as it expands its global footprint, adding cutting-edge artificial intelligence (AI) capabilities to enhance its offerings for corporate and banking…
Indian fintech startups have experienced unprecedented growth over the past decade, with a staggering 500% increase and over $31 billion in investments, according to Prime Minister Narendra Modi. Speaking at the Global Fintech Fest 2024, Modi highlighted the transformative impact of fintech innovations on the Indian economy and society. The event, organized by the National Payments Corporation of…
