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The wealth management portal Wealthzi, run by Lime Internet Private Limited, has been acquired by wealthtech platform Nivesh for an unknown sum.
Nivesh said in an announcement that that purchase will enable it to offer its clients comprehensive financial and insurance-related options.
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Significant cooperation between operations, research, and products are anticipated as a result of the transaction. The agreement will also assist in removing overlapping expenses, especially in the technology structures, which might increase the merged company's profitability.
The goal of the merger is to increase Wealthzi's products across client categories and take advantage of Nivesh's technological infrastructure.
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