Choice International has acquired 51% equity shares at Rs 192.15 for a total consideration of Rs 9.99 crore in Fintoo Wealth. The said acquisition is in line with the Company’s strategy to strengthen its presence in the technology-driven investment advisory and wealth management segment. Fintoo Wealth’s AI-based digital advisory platform which complements the Company’s existing financial services business and is expected to enhance digital capabilities, expand customer reach, and create cross-selling synergies. The business is aligned with the Company’s core financial services operations.
Choice International offers services in area of project financing, assisting in raising funds by equity or debt routes, debt structuring, private equity, acquisitions, long term strategic planning, turnaround and structuring and joint ventures, divestitures and takeovers.
| Company Name | CMP |
|---|---|
| Motilal Oswal Fin | 778.85 |
| Angel One | 280.80 |
| IIFL Capital Service | 285.45 |
| Nuvama Wealth | 1306.55 |
| Share India Sec. | 143.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
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