Acquisition · Enterprise Software & IT
Indiabulls to acquire 70% stake in Fintech Cloud
By Startup Enthusiast ·
- Date
- Company
- Fintech Cloud
- What it does
- Technology and operations platform for lenders
- Kind
- Acquisition
- Amount
- ₹1,050 crore
- Based in
- New Delhi
- Founded
- 2021
- Sector
- Enterprise Software & IT
What they do
Fintech Cloud is a technology and operations platform that provides automation, compliance, and infrastructure solutions for non-banking financial companies…
What happened
Indiabulls has reached a formal pact to purchase a 70% holding in the platform through an all-equity deal valuing the target at ₹1,500 crore
Why it matters
The buyout price is fixed at ₹1,050 crore and will proceed via a scheme requiring clearance from corporate law tribunals and market regulators
The details
- Indiabulls Limited has forged a binding contract to secure a 70% equity interest in Fintech Cloud Private Limited via a share swap mechanism.
- The transaction prices the five-year-old financial software and backend service provider at roughly ₹1,500 crore.
- Total payout for the majority block is fixed at ₹1,050 crore, cleared by issuing up to 21 crore fully paid shares of the parent buyer.
- The arrangement moves through a scheme cleared by the National Company Law Tribunal while awaiting permissions from SEBI, bourses, and equity holders.
- Prior to final handover, the acquirer will seat a majority of nominees on the target's board with immediate effect upon securing necessary clearances.
- The operational vendor posted gross sales of ₹133.77 crore alongside a pre-tax profit of ₹30.31 crore for the 2025-26 fiscal period.
- Market watchers pointed out that the derived valuation of nearly 11.2 times turnover has sparked debate among governance analysts.
The bigger picture
- The buyout marks a significant consolidation push within India's digital lending tech ecosystem as legacy financial firms scale up their digital infrastructure.
- The startup was set up in 2021 and scaled its commercial operations rapidly to achieve profitability within its initial five years.
About the business
- Fintech Cloud supplies a software and administrative framework built specifically for licensed lenders such as banks and non-banking finance firms.
- The enterprise delivers Lending-as-a-Service infrastructure, assisting partners with customer onboarding, risk assessment, fund disbursement, and recoveries.
- The vendor claims to hit a 98% automation level while cutting down processing intervals for loan approvals.
- The platform services more than 50 non-banking finance partners across the country and notes that its systems have touched over 10 million end users.
- The operational design lets authorized lenders keep final authority over credit approvals while the firm handles backend tech and workflow execution.
- The company runs corporate offices out of New Delhi and Mumbai.
What happens next
- The acquisition process is projected to wrap up within nine months to a year subject to statutory green lights.
The deal
- Type
- acquisition
Investors
- Indiabulls Limited (buyer) — A listed financial services and holding enterprise acquiring a majority stake in Fintech Cloud.
Founders
- Sachin Mittal, Founder & Chairman
- Anchal Saxena, Co-Founder & Managing Director
- Vikram Abrol, CEO