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Cred: Cred to acquire Kuvera for an undisclosed amount marks entry into wealth management

The development marks the entry of Cred into the mutual funds market, placing it in competition with industry leaders such as Zerodha, ETMoney and Groww.

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CRED acquires Kuvera, marks entry into wealth management space

The latest deal would allow CRED to offer investment product like direct mutual funds, FDs, SIPs, and digital gold to its user base besides financial planning tools. The company has also been looking to expand its new insurance product under fintech arm DASPL.

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CRED to acquire mutual fund startup Kuvera in wealth management push

Indian fintech startup CRED has reached an agreement to buy mutual fund and stock investment platform Kuvera as part of an expansion into wealth management. The $6.4 billion Bengaluru-headquartered startup said it was attracted by Kuvera’s experienced team and expertise in enabling customers to invest directly in mutual funds and stocks with advisory and tracking tools. Kuvera, which manages assets of over $1.4 billion for its 300,000 strong user base, has emerged as a platform-of-choice for many of India’s affluent investors.

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CRED to acquire Kuvera for undisclosed amount - The Hindu BusinessLine

CRED to acquire Kuvera for undisclosed amount - The Hindu BusinessLine
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CRED acquires investment platform Kuvera in stock and cash deal

CRED acquires investment platform Kuvera in stock and cash deal
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Kunal Shah's CRED acquires wealth management platform Kuvera

Credit Card bill payment leader CRED on Tuesday announced the acquisition of the online wealth management platform Kuvera in an effort to take on the likes of Zerodha and Groww.However, the total acquisition cost has not been disclosed by the ...

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Kunal Shah's CRED Acquires Wealth Management Platform Kuvera

Kunal Shah's CRED Acquires Wealth Management Platform Kuvera
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Kunal Shah's Cred to buy VC-backed investment platform Kuvera

Serial entrepreneur Kunal Shah’s fintech startup Cred said Tuesday it has agreed to buy mutual fund platform Kuvera for a mix of cash and stock.

Cred, ......

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CRED forays into wealth management space by acquiring Kuvera

Despite not disclosing the financial details of the deal, CRED confirmed that the acquisition includes both cash and stock components.

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CRED acquires wealth management platform Kuvera

Credit Card bill payment leader CRED on Tuesday announced the acquisition of the online wealth management platform Kuvera in an effort to take on the likes of Zerodha and Groww.

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