CosmicTaco

DSP Acquires Volt Money Amid Fintech Boom

CosmicTaco · 2025-03-11T10:44:58.606246+05:30

- DSP Asset Managers has acquired Bengaluru-based fintech startup Volt Money, which specializes in loans against mutual funds. - Founded in 2022, Volt Money looks at this acquisition as a growth catalyst, recognizing significant potential in the mutual fund space. - The demand for instant loans against mutual funds is growing, enabling people to fulfill both long-term financial goals and short-term liquidity needs. - Volt Money reported zero revenue in its first year of operations but secured a strategic partnership with PhonePe and raised $1.5 Mn in pre-seed funding. - India's fintech market is expanding rapidly, with more mergers and acquisitions expected in the coming years. Source: [Inc42](https://inc42.com/buzz/dsp-buys-fintech-startup-volt-money/)

DSP Asset Managers has acquired Bengaluru-based fintech startup Volt Money, which specializes in loans against mutual funds.
Founded in 2022, Volt Money looks at this acquisition as a growth catalyst, recognizing significant potential in the mutual fund space.
The demand for instant loans against mutual funds is growing, enabling people to fulfill both long-term financial goals and short-term liquidity needs.
Volt Money reported zero revenue in its first year of operations but secured a strategic partnership with PhonePe and raised $1.5 Mn in pre-seed funding.
India's fintech market is expanding rapidly, with more mergers and acquisitions expected in the coming years.

Source: Inc42