Groww Pumps INR 104.4 Cr Into Wealthtech Subsidiary Fisdom

by · Inc42

SUMMARY

  • Groww has infused INR 104.5 Cr into its wholly owned wealthtech platform Fisdom via a rights issue
  • Groww said that as per the share purchase agreement it entered into with Fisdom’s parent company Finwizard Technology Pvt Ltd in May, it was to infuse additional capital to facilitate certain payouts and other working capital requirements
  • Groww completed the acquisition of Fisdom in October 2025 in an all-cash deal at a valuation of about $150 Mn. In its Q2 FY26 shareholders letter, Groww said it spent about INR 961 Cr towards the acquisition in the quarter