WealthTrust, also one of
Mr. Nisarg Gandhi, co-founder
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.