Gretex Corporate Services Invests in PlatinumOne Insurance Broking

Gretex Corporate Services Ltd has announced an investment in PlatinumOne Insurance Broking, with plans to acquire up to 55% stake. The investment consideration is capped at ₹5 million. This strategic move aligns with Gretex's expansion into diverse financial services, leveraging PlatinumOne's expertise in insurance broking and risk management. Gretex, a SEBI-registered Category-I Merchant Banker, aims to enhance its portfolio by integrating PlatinumOne's capabilities, thereby strengthening its presence in the financial advisory sector. This partnership is expected to foster growth and create new opportunities in the insurance broking space.

 

Source: Gretex Corporate Services, PlatinumOne Business Services, Business Standard