Acquiring Company
Indiabulls Limited
Acquired Company
Fintech Cloud Private Limited
Description
Indiabulls Limited has entered into a definitive agreement to acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore. This acquisition marks Indiabulls' strategic entry into the fintech sector, aiming to provide technology solutions to NBFCs. The transaction will be settled partially through the issuance of equity shares and is expected to be completed within 9–12 months. Following the acquisition, Indiabulls will have majority control over Fintech Cloud's board.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Fintech Cloud Private Limited?
Fintech Cloud Private Limited was acquired by Indiabulls Limited, based in India. The deal was reported on September 12, 2026. Indiabulls Limited is a financial services company that has undergone significant restructuring and leadership changes following a merger. Indiabulls Limited is privately held and operates in Financial Services.
When did Indiabulls Limited acquire Fintech Cloud Private Limited?
Indiabulls Limited's acquisition of Fintech Cloud Private Limited was reported on September 12, 2026. Indiabulls Limited has entered into a definitive agreement to acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore. This acquisition marks Indiabulls' strategic entry into the fintech sector, aiming to provide technology solutions to NBFCs. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fintech Cloud Private Limited do?
Fintech Cloud Private Limited is a technology solutions provider that specializes in supporting regulated entities such as Non-Banking Financial Companies (NBFCs). It is privately held, operating in Financial Services, and is based in India.
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