Choice International Limited, one of India’s leading diversified financial services groups, has announced a series of strategic acquisitions to accelerate its growth in the wealth management segment.

Through its subsidiaries, Choice has entered into definitive agreements to acquire the distribution business of the Fintoo Group, including Wealth Products, Insurance Products, Alternative Investment Funds (AIFs), and Portfolio Management Services (PMS) managed under Mihika Financial Services Pvt Ltd and Mihika Insurance Marketing Firm LLP. This acquisition adds an incremental Rs 3.0 billion to Choice’s AUM and includes Fintoo’s client portfolio, team, IT systems, and infrastructure.

Further expanding its reach, Choice has acquired Pune-based Glory Prime Wealth Pvt Ltd, which manages an AUM

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