Pantomath Financial Services Group Acquires 75% Stake in Fundgini.com

Pantomat Financial Services Group, a leading financial services company in India, has acquired a 75% stake in Fundgini.com, a leading online investment platform. The acquisition will help Pantomath to expand its reach and offer a wider range of investment products to its customers.

Fundgini.com was founded in 2015 by Shailesh Haribhakti and Amitabh Sinha. The company’s platform allows investors to invest in a variety of asset classes, including stocks, bonds, mutual funds, and ETFs. Fundgini.com also offers a range of educational resources to help investors make informed investment decisions.

The acquisition of Fundgini.com by Pantomath is a significant development for the Indian financial services industry. The deal will help Pantomath to expand its reach and offer a wider range of investment products to its customers. It will also help Fundgini.com to accelerate its growth and reach a wider audience.

Here are some additional details about the story:

  • The acquisition was announced on March 8, 2023.
  • The deal was valued at INR 100 crore.
  • Pantomath Financial Services Group is headquartered in Mumbai, India.
  • Fundgini.com is headquartered in Gurugram, India.

Here are some quotes from Pantomath and Fundgini executives:

  • “We are excited to acquire Fundgini.com,” said Ashish Chauhan, CEO of Pantomath Financial Services Group. “This acquisition will help us to expand our reach and offer a wider range of investment products to our customers.”
  • “We are confident that this acquisition will help us to achieve our goal of becoming the leading financial services company in India,” said Chauhan.
  • “We are excited to join the Pantomath family,” said Shailesh Haribhakti, co-founder and CEO of Fundgini.com. “This partnership will help us to accelerate our growth and reach a wider audience.”
  • “We are confident that this partnership will help us to achieve our goal of making investing more accessible and affordable for Indians,” said Haribhakti.

Overall, the acquisition of Fundgini.com by Pantomath is a significant development for the Indian financial services industry. The deal will help Pantomath to expand its reach and offer a wider range of investment products to its customers. It will also help Fundgini.com to accelerate its growth and reach a wider audience.”