Indiabulls to Acquire 70% Stake in Fintech Cloud

Fintech Cloud Private Limited has entered into a definitive agreement with Indiabulls Limited, under which Indiabulls will acquire a 70% stake in the company. Fintech Cloud has been valued at an equity valuation of ₹1,500 crore, putting the value of the 70% stake at approximately ₹1,050 crore.

The proposed transaction will be completed through an NCLT-approved scheme. The consideration will be settled through the issuance of up to 21 crore fully paid-up equity shares of Indiabulls, subject to applicable regulatory and pricing requirements. Following completion of the deal, Indiabulls will hold a 70% stake in Fintech Cloud and appoint a majority of the directors to its board.

Founded in January 2021, Fintech Cloud operates as a Loan Service Provider (LSP) for regulated entities and provides technology solutions to the NBFC sector. The company reported gross revenue of ₹133.77 crore and profit before tax of ₹30.31 crore in FY2025-26.

Fintech Cloud has also reported a significant improvement in its financial performance. The company reported nil turnover in FY2023-24 and FY2024-25 before recording revenue of approximately ₹133.77 crore in FY2025-26. Fintech Cloud CEO Vikram Abrol said the association with Indiabulls will provide an opportunity to take the business into its next phase of growth and further build its technology capabilities for the regulated lending sector.

The proposed acquisition is expected to take around 9–12 months to complete and will be subject to approvals from the NCLT, SEBI, stock exchanges and other applicable regulatory and shareholder authorities. The transaction also marks Indiabulls’ entry into the fintech segment through a business focused on technology solutions for NBFCs, creating a larger platform for Fintech Cloud’s next phase of growth.