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.
  • The deal is expected to close pending customary conditions.

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
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
November 1, 2023
Acquirer
Angel One (Strategic)
Sub-sector
Wealthtech

Frequently asked questions

When did Angel One announce the acquisition of Dstreet Finance?

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

What sub-sector is Dstreet Finance in?

Dstreet Finance is tracked in the Wealthtech sub-sector.

Sources

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