5paisa Capital to acquire Trendlyne for Rs 207 cr

New Delhi, Jul 30 (PTI) 5paisa Capital Ltd, a technology-led investment platform, on Thursday said its board has approved the acquisition of Giskard Datatech Private Ltd, the parent entity of Trendlyne, for Rs 207 crore.

Trendlyne is an independent financial analytics and AI platform.

The deal is subject to regulatory approvals, 5paisa Capital said in a statement.

The acquisition marks a defining milestone in 5paisa’s transformation from a discount brokerage into India’s first vertically integrated AI-first broker, bringing together investing, research, analytics and artificial intelligence on a single platform, it said.

Trendlyne’s proprietary MarketMind AI suite, including Ask AI, Portfolio AI, Screener AI, Options AI and Positions AI, will be

integrated across 5paisa’s mobile, web and algorithmic trading platforms, it added.

The integration will enable investors to receive personalised research, intelligent portfolio insights and AI-powered decision support throughout their investment journey, it said.

“By bringing Trendlyne’s proven AI capabilities, proprietary data assets and research expertise into 5paisa, we are fundamentally changing how retail investors discover opportunities, make decisions and build wealth,” 5paisa Capital MD and CEO Gaurav Seth said.

The future of investing will be AI-led, highly personalised and accessible to every Indian investor, and this acquisition positions it firmly at the forefront of that future, he added.

Earlier in July, the company announced its collaboration with OpenAI to integrate advanced AI capabilities across the investing journey, making personalised investing intelligence available to millions of investors through ChatGPT-powered experiences, it said. PTI DP DP BAL BAL