Acquisition History / Billionbrains Garage Ventures (Groww) / Fisdom (Finwizard Technology)
Billionbrains Garage Ventures (Groww) Acquires Fisdom (Finwizard Technology)
Announced May 16, 2025 — $150M
What happened
Groww agreed to acquire Bengaluru-based wealth management platform Fisdom in an all-cash transaction of about USD 150 million. Fisdom, backed by PayU, distributes mutual funds and wealth products through bank partnerships, adding a distribution channel to Groww's retail brokerage.
- Target
- Fisdom (Finwizard Technology)
- Announced
- May 16, 2025
- Price
- $150M
- Industry
- Wealth management / fintech
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Billionbrains Garage Ventures (Groww) acquire Fisdom (Finwizard Technology)?
Billionbrains Garage Ventures (Groww) acquired Fisdom (Finwizard Technology) on May 16, 2025. This was Billionbrains Garage Ventures (Groww)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Billionbrains Garage Ventures (Groww) pay for Fisdom (Finwizard Technology)?
Billionbrains Garage Ventures (Groww) paid $150M for Fisdom (Finwizard Technology).
What does Fisdom (Finwizard Technology) do?
Groww agreed to acquire Bengaluru-based wealth management platform Fisdom in an all-cash transaction of about USD 150 million. Fisdom, backed by PayU, distributes mutual funds and wealth products through bank partnerships, adding a distribution channel to Groww's retail brokerage.
What other Wealth management / fintech companies has Billionbrains Garage Ventures (Groww) acquired?
Fisdom (Finwizard Technology) is Billionbrains Garage Ventures (Groww)'s only publicly tracked acquisition in Wealth management / fintech so far.