Sachin Mittal’s Fintech Cloud Valued at Rs. 1,500 Crore As Indiabulls Moves to Acquire 70% Stake

Sachin Mittal's Fintech Cloud Valued at Rs. 1,500 Crore As Indiabulls Moves to Acquire 70% Stake

Get latest articles and stories on Business at LatestLY. New Delhi [India], September 22: Indiabulls Limited has entered into a definitive agreement to acquire a 70% stake in Fintech Cloud Private Limited, the technology and operations platform founded by Sachin Mittal in 2021, in an all-share transaction that values the company at approximately Rs. 1,500 crore. Consideration for the deal is pegged at Rs. 1,050 crore, subject to regulatory and s…

Sachin Mittal’s Fintech Cloud Valued at Rs. 1,500 Crore As Indiabulls Moves to Acquire 70% Stake

Deal follows FY26 revenue of Rs. 133.77 crore and marks a milestone for the founder’s five-year-old lending infrastructure platform.