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Groww acquires Fisdom for ₹7,000 crore IPO, expanding wealth management for high-net-worth clients.
Groww has completed its acquisition of Fisdom following SEBI approval, expanding into wealth management with a new service for high-net-worth individuals.
The move enhances Groww’s offerings in portfolio management, alternative investments, and private funds, leveraging Fisdom’s tech and 150 wealth partners.
Fisdom’s team will lead the new unit, which serves over 270,000 affluent clients.
Groww also updated its IPO filing for a ₹7,000 crore raise, including a ₹1,060 crore fresh issue.
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Groww adquiere Fisdom por ₹ 7,000 crore IPO, expandiendo la gestión de riqueza para clientes de alto patrimonio neto.