New Delhi,Sep 16: Fintech Cloud Private Limited, a technology company providing loan servicing and technology-enabled solutions to regulated financial entities, has entered into a definitive agreement with Indiabulls Limited, under which Indiabulls will acquire a 70% stake in the company at an equity valuation of ₹1,500 crore.
The proposed transaction, valued at ₹1,050 crore for the 70% stake, marks a significant milestone in Fintech Cloud’s growth journey and will bring the company into a strategic partnership with a listed financial services player. The transaction is proposed to be completed through an NCLT-approved scheme, with the consideration to be settled through the issuance of up to 21 crore fully paid-up equity shares of Indiabulls Limited, subject to applicable regulatory and pricing requirements.
Founded in January 2021, Fintech Cloud operates as a Loan Service Provider 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.
The company’s financial performance represents a significant scale-up, with the company reporting nil turnover in FY2023-24 and FY2024-25 before recording approximately ₹133.77 crore in revenue in FY2025-26.
Vikram Abrol, CEO, Fintech Cloud Private Limited, said,
“This milestone marks an important phase in Fintech Cloud’s journey. From building technology-led solutions for the regulated lending ecosystem to reaching this scale, the journey has been driven by a strong focus on execution and creating value for our partners. Our association with Indiabulls gives us an opportunity to take the business into its next phase of growth and build further on the capabilities we have developed.”
For the creators of Fintech Cloud, the transaction represents the next phase of the company’s evolution, as the business moves into a larger strategic ecosystem while continuing to build technology-led solutions for the regulated lending sector.
Following completion of the proposed transaction, Indiabulls will acquire 70% of Fintech Cloud and will appoint the majority of directors to the company’s board with immediate effect, subject to the applicable transaction structure and approvals.
The proposed acquisition is expected to take approximately 9–12 months to complete and will be subject to NCLT, SEBI, stock exchange and other applicable regulatory and shareholder approvals.
The transaction also marks Indiabulls’ entry into the fintech segment through a business focused on technology solutions for NBFCs, creating a larger platform for the next phase of Fintech Cloud’s growth.