Transaction · Wealthtech · 2023

Angel One / Dstreet Finance 2023

Angel One acquired Dstreet Finance on November 1, 2023.

Target
Dstreet Finance
Acquirer
Angel One
Announced
November 1, 2023
Sub-sector
Wealthtech

Transaction overview

  • Angel One announced the acquisition of Dstreet Finance on November 1, 2023.

Strategic rationale

Acquire fintech team and learning platform to enhance content engagement and product offerings for retail investors amid intensifying competition.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 1, 2023
Acquirer
Angel One (Strategic)
Sub-sector
Wealthtech

Sources

  • economictimes.indiatimes.com /tech/startups/angel-one-to-focus-on-inorganic-growth-makes-first-acquisition-through-dstreet-finance/articleshow/104896925.cms