FINDI acquires BANKIT for around Rs 160 Cr to expand financial inclusion in India

Findi, a financial inclusion startup, acquired Bankit for ₹160 crore to expand its services. The acquisition is aimed at enhancing Findi’s capabilities in providing digital financial services to underserved communities in India. By integrating Bankit’s technology, Findi plans to offer a wider range of financial services, including digital payments, savings, and credit access. The deal strengthens Findi’s position in the financial inclusion space, addressing the growing need for accessible and affordable financial products in rural and semi-urban areas. The acquisition is part of Findi’s strategy to promote financial literacy and inclusion across India.