Acquiring Company
PB Fintech
Acquired Company
MyLoancare Ventures Private Limited
Description
PB Fintech has approved the acquisition of the remaining 20% equity stake in its subsidiary, MyLoancare, for ₹5 crore. This move aims to consolidate MyLoancare as a wholly-owned subsidiary. The acquisition will finalize based on an independent valuation and is subject to regulatory approval. PB Fintech intends to enhance control and governance over its subsidiary.
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M&A Insights
Based on deal dataFrequently asked
Who acquired MyLoancare Ventures Private Limited?
MyLoancare Ventures Private Limited was acquired by PB Fintech. The deal was reported on September 16, 2026. PB Fintech is privately held.
When did PB Fintech acquire MyLoancare Ventures Private Limited?
PB Fintech's acquisition of MyLoancare Ventures Private Limited was reported on September 16, 2026. PB Fintech has approved the acquisition of the remaining 20% equity stake in its subsidiary, MyLoancare, for ₹5 crore. This move aims to consolidate MyLoancare as a wholly-owned subsidiary. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MyLoancare Ventures Private Limited do?
MyLoancare Ventures Private Limited is a registered non-banking financial company specializing in digital lending technology and retail loan aggregation. Established in 2013, it aims to simplify the loan procurement process for consumers. It is privately held, operating in Financial Services, and is based in India.
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