Tuesday, November 5

India’s Mutual Fund & Stock Investment Platform Orowealth Acquires the WealthTrust Platform

Orowealth, one of India’s leading Direct Mutual Fund platforms, recently announced that it has acquired the WealthTrust platform, including the product and all its users.

Orowealth is a one-stop solution for all your investment needs from investing in stocks and direct mutual funds, to financial planning, goal advisory and more.

WealthTrust, also one of the India’s fastest growing ‘Zero Commission Wealth Management’ platforms, always aimed to make investment simple and hassle-free.

Mr. Nisarg Gandhi, co-founder and CEO of WealthTrust said to Pixr8 team that we evaluated several partners before finally joining forces with Orowealth, which stood out as the best option for their users.

The two companies now have a combined user base of 3 lakh registered users, and their assets under advisory (AUA) will be over Rs. 2000 crores.

Speaking about the announcement, Mr. Vijay Kuppa, Co-Founder of Orowealth said, “As a Direct Mutual Fund investment platform, we are always seeking opportunities to strategically grow our business. We are very pleased to have the opportunity to service WealthTrust customers, and will offer them the same industry-leading advisory and wealth management services that we provide to our own users.”

A select team of WealthTrust employees is expected to join Orowealth as part of the acquisition. Their main aim will be to transition their users seamlessly to the Orowealth platform. Meanwhile, WealthTrust assures its customers that their investments are 100% secure, and that this merger will in no way hinder their investment journey.