ICRA Limited — JV/Acquisition, 17-10-2025: Acquisition

ICRA acquired a 98.75% stake in Fintellix for ₹245.63 Cr. Fintellix specializes in regulatory tech, risk, and data analytics for global financial institutions. This strategic move boosts ICRA's risk technology portfolio, strengthening its position in risk and investment analytics. By combining ICRA's credit risk expertise with Fintellix's advanced platform, the company aims to offer integrated solutions to banks, NBFCs, and regulators. Fintellix, with FY25 turnover of ₹81.5 Cr, becomes a key subsidiary, expanding ICRA's capabilities.