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flag Groww acquires Fisdom for ₹7,000 crore IPO, expanding wealth management for high-net-worth clients.

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

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