Rose Merc Strikes ₹150 Mn Deal: Acquires Stake in Virtual Gain Tech

Acquisition Announcement

Rose Merc Ltd (BSE: ROSEMERC), a dynamic player in e-commerce, gem trading, and emerging fintech sponsorships, revealed plans to buy a significant stake in Virtual Gain Technologies. The transaction, valued at ₹150 million, targets synergies in digital lending and payment gateways, aligning with Rose Merc's aggressive expansion into high-growth tech ventures. This follows a series of strategic buys, enhancing its cross-border and sports-tech footprint.

Key Highlights

Deal Structure: ₹150 Mn investment for minority stake; includes board representation and tech integration for Rose Merc's platforms; closure expected Q4 FY26.

Target Profile: Virtual Gain specializes in AI-driven virtual assets and gain-sharing tech; ₹80 Cr AUM, 200% YoY growth; complements Rose Merc's recent MoUs in ESG and sports funding.

Strategic Rationale: Diversifies beyond gems/e-commerce into fintech; taps ₹5 Tn digital payments market; builds on prior acquisitions like Golden Eagle Rosemerc (30%) and Refectio Pvt.

Market Impact: Shares up 5% intraday; YTD +55%; positions Rose Merc as agile consolidator in niche tech-finance space.

Sources: BSE India, Rose Merc filings, Moneycontrol​