Private Equity Liquidity Events
CASHe enters wealthtech space by acquiring Sqrrl
Source INC42 (opens in a new tab)
Mumbai-based fintech platform CASHe has forayed into the wealth management space with the acquisition of Gurugram-based wealthtech platform Sqrrl in an all-cash deal.
Sqrrl is a mobile-first wealth management platform focused on millennials and Gen Z. Established in 2017, the startup provides its users with unique offerings to invest and grow their earnings through its different savings and investment products.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Starting Jun-18 Sqrrl had raised more than INR 8 crore from Equanimity Investments. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)