Oxyzo Financial Services acquires GoldenPi Technologies in strategic expansion move. The lending arm of B2B ecommerce unicorn OfBusiness is entering the wealth management and fixed-income investment space through this acquisition. GoldenPi, backed by Zerodha's Rainmatter fund, operates as a Sebi-registered online bond platform with 16 lakh users and Rs 6,000 crore in cumulative investments. Oxyzo currently manages Rs 10,700 crore in assets and launched a private credit fund in March. The acquisition positions the unified entity to capture greater share of India's fast-growing debt investment market, significantly enhancing fixed-income offerings for retail investors in corporate bonds, government securities, and non-convertible debentures.
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