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Stockal completes acquisition of Acru; Expands Cross-Border Investment Infrastructure to Indian and Overseas Markets

PRIVATESep 18, 2024

Acquiring Company

Stockal

Acquired Company

Acru

BengaluruBengaluruFinancial ServicesFinanceAngel InvestmentFintechLendingFinancial Services

Description

Stockal, a leading B2B2C global investing platform, has strategically acquired Acru, a company specializing in infrastructure solutions that facilitate investments in Indian financial products for NRIs and PIOs. This acquisition completes Stockal’s cross-border investment ecosystem, empowering both Indian and global investors to seamlessly invest in each other’s markets. With this move, Stockal now provides a complete solution for cross-border investments, enabling Indian investors to access over 6,000 global securities and non-resident Indians (NRIs) and foreign investors to invest in India’s thriving markets.

Quick answer

Stockal is acquiring Acru, announced September 18, 2024. Stockal is based in Bengaluru, Karnataka, India.

How much did Stockal pay for Acru?
The deal value was not disclosed.
What does Stockal do?
Stockal is a leading B2B2C global investing platform that enables Indian investors to access global markets.
Where are Stockal and Acru based?
Stockal is based in Bengaluru, Karnataka, India. Acru is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Stockal?
Fundz holds 2 contacts at Stockal. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Stockal

Location

Bengaluru, Karnataka, India

About

Stockal is a leading B2B2C global investing platform that enables Indian investors to access global markets. It operates under the regulatory purview of both the SEC and SEBI, and it has a presence in key international markets, including the Middle East, Southeast Asia, and Africa. Stockal's expansion strategy aims to capitalize on the immense opportunity in the global markets, with a focus on providing a holistic, borderless investment platform.

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Frequently asked

Who acquired Acru?

Acru was acquired by Stockal, based in Bengaluru. The deal was reported on September 18, 2024. Stockal is a leading B2B2C global investing platform that enables Indian investors to access global markets. Stockal is privately held and operates in Financial Services.

When did Stockal acquire Acru?

Stockal's acquisition of Acru was reported on September 18, 2024. Stockal, a leading B2B2C global investing platform, has strategically acquired Acru, a company specializing in infrastructure solutions that facilitate investments in Indian financial products for NRIs and PIOs. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Acru do?

Acru is a company specializing in infrastructure solutions that facilitate investments in Indian financial products for NRIs and PIOs. It is privately held, operating in Financial Services, and is based in Bengaluru.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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