Choice International Limited has added ₹635 crore in Assets Under Management (AUM) through a series of acquisitions. As per the news reports, the company said this will help expand its wealth management business and distribution reach across various regions in India.
Choice International has signed agreements to acquire the distribution arm of the Fintoo Group, which operates under Mihika Financial Services Private Limited and Mihika Insurance Marketing Firm LLP.
The acquisition covers distribution of wealth, insurance, Alternative Investment Funds (AIFs), and Portfolio Management Services (PMS). It adds around ₹300 crore in AUM and includes Fintoo’s clients, staff, and digital infrastructure.
In another transaction, the company acquired Pune-based Glory Prime Wealth Private Limited, a wealth distributor managing about ₹210 crore in AUM. The deal is expected to expand Choice’s presence in Western India and strengthen its access to retail and high-net-worth clients in the region.
Choice International has also formed an association with four mutual fund distributors from Himachal Pradesh. Their combined operations contribute approximately ₹125 crore to AUM. This partnership expands the company’s presence in Northern India and adds to its distribution base in smaller markets.
Earlier in February 2025, Choice International acquired Arete Capital Services, adding ₹5,151 crore in AUM. Following that acquisition, the company’s total wealth management assets increased from around ₹1,000 crore to over ₹6,800 crore.
Choice International, headquartered in Mumbai, operates in financial services, engineering, and consulting. It has 211 branches across India, serves over 14 lakh clients, and works with more than 63,000 business partners.
As of October 24, 2025, 9:29 AM, Choice International share price was trading at ₹808.60, a 0.77% decline from the previous closing price.
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With the addition of ₹635 crore AUM through recent acquisitions, Choice International has expanded its wealth management portfolio and strengthened its operational reach across multiple regions.
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Published on: Oct 24, 2025, 12:09 PM IST
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