Acquiring Company
Indiabulls Ltd
Acquired Company
Fintech Cloud Private Ltd
Description
Indiabulls Ltd has entered into a definitive agreement to acquire a 70% stake in Fintech Cloud Private Ltd for ₹1,050 crore. The acquisition allows Indiabulls to take control of the target's board and expand into the fintech segment. Fintech Cloud is a growing technology solutions company catering to NBFCs. The deal is expected to complete within 9-12 months, pending regulatory approvals.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Fintech Cloud Private Ltd?
Fintech Cloud Private Ltd was acquired by Indiabulls Ltd, based in India. The deal was reported on September 11, 2026. Indiabulls Ltd is a diversified financial services firm that operates in real estate, finance, and other sectors. The company provides a range of financial services including loans and investments. Indiabulls Ltd is privately held and operates in Financial Services.
When did Indiabulls Ltd acquire Fintech Cloud Private Ltd?
Indiabulls Ltd's acquisition of Fintech Cloud Private Ltd was reported on September 11, 2026. Indiabulls Ltd has entered into a definitive agreement to acquire a 70% stake in Fintech Cloud Private Ltd for ₹1,050 crore. The acquisition allows Indiabulls to take control of the target's board and expand into the fintech segment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fintech Cloud Private Ltd do?
Fintech Cloud Private Ltd is a technology solutions company that provides technology-enabled solutions to Non-Banking Financial Companies (NBFCs). It acts as a Loan Service Provider (LSP) for various regulated entities. It is privately held, operating in Financial Services, and is based in India.
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