PHONE2VOTE India Private Limited agreed to acquire 20.95% stake in Fintech Products and Solutions (India) Private Limited from KFin Technologies Limited (NSEI:KFINTECH) for INR 65 million on July 2, 2024. A cash consideration of INR 65 million will be paid by PHONE2VOTE India Private Limited. The transaction is subject to customary closing conditions.

The deal has been approved by the Borad of Directors of KFin Technologies Limited. The expected completion of the transaction is July 2, 2024.