Choice International Expands Financial Services Portfolio with Rs 360 Million Stake in Arete Capital

Choice International Limited has announced plans to acquire a significant stake in Arete Capital Services Private Limited for Rs 360 million. This strategic move aims to strengthen Choice International's position in the financial services sector. Arete Capital, known for its expertise in capital markets, will complement Choice's existing offerings in broking, distribution, and advisory services. The acquisition aligns with Choice International's growth strategy, potentially enhancing its market presence and diversifying its revenue streams. This development comes as Choice International reported strong financial performance, with a 92.15% annual revenue growth in the latest fiscal year.
Source: Choice International Limited