What happened
Indiabulls signed agreement to acquire 70 percent of Fintech Cloud for Rs 1,050 crore.
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Background
Indiabulls Limited, formerly Yaari Digital Integrated Services Limited, operates in financial services and is expanding into fintech lending technology via this acquisition.
Why it matters for me
Track NCLT and SEBI approvals.
Money
Stock Investors
Share-swap acquisition gives Indiabulls a fintech growth engine.
Work
Finance Professionals
LSP and NBFC tech expansion opens roles.
What to remember
All-share fintech deal.
Indiabulls to buy 70 percent of Fintech Cloud for Rs 1,050 crore.
Verified sources (5)
Indiabulls shares to be in focus on Tuesday | Here is why
↗Indiabulls signs deal to acquire 70% stake in Fintech Cloud for Rs 1,050 crore
↗Indiabulls snaps up Fintech Cloud in a Rs 1,050-crore deal
↗Indiabulls Expands into Fintech with Rs. 1,050 Crore Acquisition of 70% Stake in Fintech Cloud
↗Stock To Watch: Indiabulls Announces 70% Stake Acquisition Plan In Fintech Cloud
↗Claims and linked sources
4 claimsIndiabulls signed a definitive agreement to acquire a 70% stake in Fintech Cloud Private Ltd for Rs 1,050 crore, disclosed via exchange filing on 11 September 2026.
The Rs 1,050 crore for 70% implies a total equity valuation of Rs 1,500 crore for Fintech Cloud.
The acquisition will be executed through a scheme of amalgamation approved by NCLT, subject to SEBI ICDR and other regulatory requirements.
Consideration will be settled by issuance of up to 21 crore fully paid-up new equity shares, not cash.