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Wire · operational-macro

Indiabulls Expands into Fintech with Rs. 1,050 Crore Acquisition of 70% Stake in Fintech Cloud

12 September 2026 · By · Wire by Fusion42

Published

12 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at ahmedabadmirror.com →

◆ Verified

Fusion42 · 12 September 2026 · Fusion42 review

Indiabulls Limited is acquiring a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore to expand into fintech by providing technology solutions to NBFCs, with the deal to be settled partly through share issuance and requiring multiple regulatory approvals.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

Indiabulls' move to gain majority control of a fintech firm signals a strong push into tech-enabled lending services. You should track partnership opportunities with NBFC tech providers as shareholder changes open fresh business lanes.

◆ Coverage

1 source · 12 Sep 2026

◆ Related on Wire

◆ Topics

FintechacquisitionfintechNBFCIndiashare-issuanceregulatory-approval